Bitget App
Trade smarter
Buy cryptoMarketsTradeFuturesCopyBotsEarn
Crypto whale sold KAITO tokens at the wrong time, missing out on 284% growth

Crypto whale sold KAITO tokens at the wrong time, missing out on 284% growth

HappyCoinNewsHappyCoinNews2025/03/01 06:55
By:HappyCoinNews

A crypto market observer has spotted an unusual transaction involving crypto kitty Ansem and newly issued KAITO AI tokens.

What's surprising about it is that the whale quickly sold KAITO for $206,500, thus missing out on the big price spike a few days later.

According to an observer, KAITO has surged 284% after crypto whale Ansem sold his 215 KAITO tokens for $113.

As sometimes happens, KAITO's recovery followed a massive sell-off. After the listings, KAITO bounced back and outperformed the entire cryptocurrency market, which was under bearish pressure.

Recently launched token bounced off last Friday's low of $1,2656 and began a six-day streak of daily gains. In total, it has gained 130% since its low, hitting an all-time high of $2,9186 on Thursday of this week.

At the moment, KAITO's bullish momentum is maintained despite a small pullback that saw the crypto token drop to $2,7140.

Against this backdrop, KAITO's market capitalization rose to $700 million, but then fell back to $655 million. The crypto asset's intraday volume grew by 189%, exceeding $2 billion (data from crypto data aggregator CoinmarketCap).

EN @happycoinnews
EN @happycoinnews_en
0

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

PoolX: Locked for new tokens.
APR up to 10%. Always on, always get airdrop.
Lock now!

You may also like

Best Cryptos For Beginners? Discover BTFD’s 100% Bonus, Shiba Inu’s Multi-Billion Cap, and Pepe’s Huge Trading Volume

Best cryptos for beginners? BTFD Coin offers a 100% bonus, while Shiba Inu and Pepe dominate trading volumes. Don’t miss out!BTFD Coin: The Bulls Squad Is Your Ticket to 3650% GainsShiba Inu: The OG Meme Coin Still Going StrongPepe: The Meme That Became a Trading Volume MonsterHow to Claim the LAUNCH100 Bonus Code on $BTFDFinal Thoughts: Don’t Sleep on BTFD Coin’s Presale

Coinomedia2025/03/01 10:44

Vitalik Buterin: AI Needs Human Steering and Blockchain Support

Vitalik Buterin highlights the need for human-guided AI and blockchain's role in ensuring decentralized decision-making.AI as a Tool, Not an Autonomous ForceThe Role of Blockchain in AI GovernanceEnsuring Transparency and Ethical AI

Coinomedia2025/03/01 10:44

Ukraine Moves Toward Cryptocurrency Legalization

Ukraine plans to legalize crypto with a tax rate of 5%-10%, aiming for legislation by mid-2025.Ukraine’s Push for Cryptocurrency LegalizationProposed Crypto Taxation FrameworkExpected Timeline and ImpactConclusion

Coinomedia2025/03/01 10:44

White House to Host First-Ever Crypto Summit

The White House is set to host its first-ever crypto summit, aiming to discuss regulations and the future of digital assets.A Landmark Move for Crypto RegulationKey Topics on the AgendaIndustry Leaders and Experts to Participate

Coinomedia2025/03/01 10:44