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<p>Over the past few hours, a large cryptocurrency wallet labeled 0xc75 accumulated 42,742 TRB tokens worth $4.99 million from Binance, according to on-chain analyst <a href="https://twitter.com/spotonchain/status/1721426466431472031?t=ni18wnu3dI20t2B7Qqj8pA&amp;s=19" target="_blank" rel="noopener noreferrer nofollow">Spot On Chain</a>.</p>
<p>The purchases occurred at an average price of $116.8 per TRB token. This fresh whale activity is notable because TRB reached its 1-year high of $125 today.</p>
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<p>“Fresh Whale 0xc75 accumulated 42,742 Tellor TRB ($4.99M) from Binance at an average price of $116.8 in the past 5 hours, SpotOnChain tweeted.</p>
<p>Tellor is a decentralized oracle network that provides real-world data to DeFi platforms. The TRB token allows holders to participate in governance votes and dispute processes.</p>
<p>This large accumulation from a single wallet often signals confidence in further upside for an asset. The buyer likely expects TRB to continue rallying to new highs.</p>
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<p>On-chain data can provide unique insights for crypto investors. Tracking the transactions of major players like this whale can help determine sentiment and forecast price trends.</p>
<p>The timing of this purchase right as TRB hit 1-year highs is especially noteworthy. Spot On Chain will likely continue monitoring the wallet to see if further accumulation occurs. Sustained buying interest from whales can indicate a promising outlook for smaller retail TRB holders as well.</p>
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<p>The post <a href="https://captainaltcoin.com/whale-purchases-5000000-tellor-trb-near-1-year-highs-does-this-signal-confidence-in-more-upside/" rel="noopener noreferrer nofollow">Whale Purchases $5,000,000 Tellor (TRB) Near 1-Year Highs – Does This Signal Confidence in More Upside?</a> appeared first on <a href="https://captainaltcoin.com" rel="noopener noreferrer nofollow">CaptainAltcoin</a>.</p>

Whale Purchases $5,000,000 Tellor (TRB) Near 1-Year Highs – Does This Signal Confidence in More Upside?

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