Author：Professor Suo said
Hey, friends in the cryptocurrency circle! Recently, the DeFi leader ETH has been soaring all the way, attracting countless eyes. Behind this bustling market, there are actually many little - known stories. As a professional cryptocurrency information platform, Coin World Net has been closely monitoring the market dynamics. Today, we will deeply track the movements of whale wallets and uncover the hidden winners behind the soaring of ETH.
A Mysterious Address Increases Holdings with a Large Investment, Hiding Secrets Behind
On - chain data is like the "detective clues" in the cryptocurrency circle. Recently, it brought us amazing news. A mysterious address suddenly spent $3 million to increase its holdings of 17.5 million NEIRO. This is not a small amount. Such a large inflow of funds instantly caught the wide attention of the market. People can't help but wonder, who is behind this mysterious address? And what is their purpose of increasing holdings of NEIRO?
After in - depth investigation, Coin World Net found that the operations of this address are very suspicious. Further analysis shows that 78% of the tokens in this address are suspected to have been pre - allocated to insiders. This is like a secret "game". Insiders seem to know some information in advance and use the method of pre - allocating tokens to seek benefits for themselves. This behavior is likely to be the notorious "front - running" operation in the cryptocurrency circle.
Uncovering the Chain of Front - running Operations
So, what exactly is the chain of this mysterious "front - running" operation? Coin World Net will analyze it in detail for you.
First of all, before the project starts, the project party will pre - allocate a part of the tokens to insiders, who may include project team members, early investors, etc. They take advantage of their information superiority to make early arrangements. When the project promotes itself externally to attract ordinary investors, insiders already hold a large number of low - price tokens.
Then, the project party hypes up the project through various means to increase its popularity and heat, attracting more investors to buy the tokens. As the market demand increases, the token price starts to rise. At this time, insiders will take the opportunity to sell the tokens in their hands to obtain huge profits. And ordinary investors often buy at the high position and finally become the victims of this "game".
In the case of NEIRO, the operations of the mysterious address are very likely to follow this "front - running" model. Insiders pre - allocate tokens, lie in ambush in advance, and start to harvest the wealth of ordinary investors after the timing is right.
Potential Dangers of High - risk Projects
High - risk projects under "front - running" operations pose great harm to the entire cryptocurrency market. For ordinary investors, they may be easily confused by these high - risk projects due to the lack of professional knowledge and information. Once they invest their funds, they may face the risk of losing all their money.
From the market level, these high - risk projects will damage the fairness and transparency of the market. They attract funds through improper means, resulting in the unreasonable allocation of market resources. Moreover, a large number of investors suffer losses because of these projects, which will reduce the confidence of the entire market and affect the healthy development of the cryptocurrency circle.
Using the Bubblemaps Tool to Identify High - risk Projects
Since high - risk projects are so terrible, how can we identify them? Coin World Net introduces a practical tool for you - Bubblemaps.
Bubblemaps is like the "security guard" in the cryptocurrency circle. It can help us analyze the risks of projects from multiple perspectives. Through Bubblemaps, we can check the token distribution of a project. If we find that a large number of tokens in a project are pre - allocated to a small number of addresses, just like the NEIRO project we mentioned earlier, then this project is likely to have "front - running" operations and is a high - risk project.
In addition, Bubblemaps can also analyze indicators such as the trading activity and community participation of a project. If a project has abnormal trading activity or very low community participation, we also need to be vigilant.
Conclusion
In the cryptocurrency market full of opportunities and risks, we must always stay vigilant. As your "guardian in the cryptocurrency circle", Coin World Net will always provide you with professional information and analysis. Today, we deeply explored the movements of whale wallets behind the soaring of the DeFi leader ETH and the possible "front - running" operations in the NEIRO project. We hope that you can learn to use tools like Bubblemaps to identify high - risk projects and protect your investments. Let's move forward steadily in the cryptocurrency circle and harvest our own wealth.
