Trend Research Acquires 28.21M NEIROETH, Holds 67% Supply
Trend Research, the secondary investment arm of JackYi, has added 28.21 million NEIROETH tokens (approximately $3.06M) from Gate, boosting its total NEIROETH holdings to 670 million tokens—67% of the entire supply, valued at $73M. This continued token accumulation highlights strong institutional demand and may tighten circulating NEIROETH supply, putting upward pressure on price. Crypto traders should monitor whale transactions and on-chain metrics for short-term trading signals. While this large concentration suggests bullish momentum, it also introduces centralization risk if major holders decide to liquidate. Future market movements will hinge on further buys or sells by these dominant wallets.
Bullish
Trend Research’s acquisition of 67% of NEIROETH supply signals significant institutional confidence and reduces available circulating tokens, a classic bullish catalyst. Historical events—such as large whale buys in tokens like FTT and SOL—have led to rapid price rallies when supply tightened. In the short term, this may trigger spikes as liquidity narrows and traders chase momentum. Over the long term, concentrated holdings can sustain upward pressure but carry centralization risk; any sell-off by major wallets could reverse gains. Continuous on-chain monitoring of whale wallets and exchange inflows will be key to anticipating further market moves.