Optimism

<p>A popular trader, going by Whale 0xd1c, has restarted the $OM tokens’ accumulation following a 7-month pause. As per Spot On Chain, a prominent <a href="https://blockchainreporter.net/glossary/on-chain/" rel="noopener noreferrer nofollow">on-chain</a> analytics platform, this resumed $OM accumulation by Whale 0xd1c signals a renewal in confidence and interest in this crypto asset. The analytics provider took to X to discuss the latest activity of the trader.</p><h2 id="header-0">Whale 0xd1c Withdraws 2.71M $OM Tokens from Binance</h2><p>In its recent X post, Spot On Chain mentioned that the Whale 0xd1c has withdrawn 2.71M $OM tokens from Binance. This extraction of up to $3.8M from Binance took place in 3 transfers within just 2 hours. This development reflects an analogous action by this whale 7 months back. At that time, the whale redeemed a bigger sum of up to 12.3M $OM coins from <a href="https://binance.com/" rel="noopener noreferrer nofollow">Binance</a>. Then, the trader staked the whole amount soon afterward.</p><h2 id="header-1">The Trader Gets $15M in Unrealized Profit Over Only 7 Months</h2><p>The former $OM accumulation by the whale has emerged as extremely profitable. After the former accumulation, the trader now stands on remarkable unrealized gains of $15M after only 7 months. This enormous profit denotes both the strategic timing of the whale in the $OM accumulation at suitable moments as well as the resilient appreciation in the value of the token.</p><p>The recent action of whale, as it restarts $OM accumulation, signifies the confidence thereof in the $OM token’s future performance. Though the details at the back of the timing are still speculative, the respective accumulation may point toward the whale’s anticipation of further gains.</p>

Smart Trader Resumes $OM Accumulation Following a 7-Month Pause, Gaining $15M

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