Whale Accumulates $1.2M in GIGGLE on Binance, Tops 20 Holders with $48K Unrealized Profit
A single crypto whale has built a significant position in GIGGLE token on Binance, purchasing 4,794.46 GIGGLE (≈$1.2 million) at an average price of $251.17 just 17 minutes after its listing. This address, now among the top 20 GIGGLE holders, shows an unrealized profit of $48,000 and has not exited the position. Earlier, the whale acquired 4,154 GIGGLE for $96,290, underscoring a potential 10x return. The recent transfer of tokens to Binance spotlights growing whale interest and implies possible bullish momentum for GIGGLE. Traders should monitor GIGGLE price trends, whale movements, and large sell orders on Binance to gauge short-term volatility and identify trading opportunities.
Bullish
The whale’s rapid, large-scale accumulation of GIGGLE and its emergence as a top holder, combined with over 10x gains and significant unrealized profit, signals strong institutional interest and buying pressure. While the token transfer to Binance could precede profit-taking, the lack of sell-off so far points to continued bullish momentum. Traders are likely to respond to whale activity by driving further price gains in the short term, and sustained accumulation suggests positive long-term prospects.