Shiba Inu Partner BAD Token Massive Whale in Spotlight as Price Jumps 500%
Shiba Inu‘s partner, Bad Idea AI (BAD), has experienced significant gains over the past 30 days. On-chain analytics provider Lookonchain draws attention to BAD’s 500% surge over the past month. While highlighting this rally, it points to whale activity as a key thing to watch on BAD price. Tumaas ang presyo ng Bad Idea AI ($BAD) ~500% noong Agosto. Kung interesado ka $BAD, dapat mong bantayan itong top holder na may 120.3T $BAD(14.5% ng kabuuang supply).https://t.co/MStHHo70OS pic.twitter.com/OaS2soZ5sJ — Lookonchain (@lookonchain) Agosto 14, 2023 This is so because whales, or large holders, strive to increase the value of their holdings to profit more, just like the majority of normal cryptocurrency investors. They can momentarily impact price patterns by either flooding the crypto market with coins or creating buy pressure since they have access to sizable crypto holdings. A large buy order can significantly increase the price of a certain cryptocurrency because it informs the market that the asset is in demand. Lookonchain draws attention to a massive BAD holder who owns 120.3 trillion BAD, which represents 14.5% of the total supply. The on-chain analytics platform gives further insight into the activity of this whale. The said wallet spent 7.4 ETH to buy 139.5 trillion BAD, or 16.8% of the