Audiera jumps 17% as whales buy $25M BEAT – Next target is…
Audiera has continued its price recovery since it defended the $2.4 support level days ago. The altcoin extended the bullish streak, hitting a six-week high of $4.72. With this price hike, the altcoin effectively cleared all July losses. In fact, as of this writing, Audiera was trading around $4.63, marking a 17.32% jump on the daily charts. Over the same period, the market cap climbed 25% to $1.5 billion, indicating steady capital inflows. Audiera extends bullish streak amid whale accumulation spree Audiera [BEAT] has been on a strong bullish streak, driven by sustained accumulation by whales. Since reclaiming $4, whales have consistently jumped and defended higher price levels. On 30th July, Audiera whales purchased $25 million worth of BEAT according to NTSchain. The same demand continued, and on the 31st, whales withdrew over 2.4 million BEAT as OxInchain reported. As August started, this whale demand has remained steady. According to Nazoku, a newly created wallet withdrew 500k BEAT worth more than $2 million from Gate. Source: Debank Such a sustained period of whale accumulation suggests that high-net-worth investors are bullish and actively pushing Audiera higher. Furthermore, spot activity also echoes this whale accumulation spree. According to Coinglass data, Audiera Spot Netflow has remained negative for four consecutive days. Source: CoinGlass This