Ethereum Whales Buy The Floki Inu Price Dip; What’s Next?

Floki Inu (FLOKI) price registered a dropped of more than 16% in the past 24 hours. This decline comes after building up a huge momentum over the past couple of days. However, the meme cryptocurrency has seen some pullback in the past day. But it looks like the Ethereum whales are still unfazed.

Ethereum Whales Buy The Dip

WhaleStats, the whale monitoring platform, earlier this morning provided some data about the transactions of the top 100 Ethereum (ETH) whales. According to these findings, Floki Inu (FLOKI) is one of the top 10 most purchased tokens listed among the 100 largest Ethereum whales during the last 24 hours.

“JUST IN: $FLOKI @realflokiinu now on top 10 purchased tokens among 100 biggest #ETH whales in the last 24hrs

Check the top 100 whales here: https://whalestats.com

(and hodl $BBW to see data for the top 5000!)

#FLOKI #whalestats #babywhale #BBW”

— WhaleStats (tracking crypto whales) (@WhaleStats) February 18, 2023

In addition, Floki flipped GMT for the most traded token among the top 500 BSC whales. According to the data provided by WhaleStats, for a brief moment, the token surpassed DOGE, SHIB, and GMT tokens in the most traded category. FLOKI has secured second position in the leaderboard after being listed on the Kucoin exchange.

Floki price dropped more than 16%

According to information sourced from CoinMarketCap, at the time of writing, the price of a FLOKI token is $0.00004986. Due to this, the value has decreased by 16.60% during the last 24 hours. Despite this, over the previous week, the value of the meme coin has climbed by more than 120%.

The 24-hour trading volume for Floki is in negative territory and presently stands at $200,937,405, down by 43.9% in the past 24 hours. With a market value of $444,611,349, this token holds the 213th spot on the list of cryptocurrencies with the most market capitalization. At the same time, the circulating supply is approximately 8,917,452,316,422 FLOKI as per the crypto market tracker CoinMarketCap.

Also Read: Floki Inu Skyrockets By 430%; Outperforms Shiba Inu, Dogecoin