Analysis: NEIRO may have already emerged from the accumulation phase, with frequent whale activity

PANews reported on October 13th, according to Spot On Chain monitoring, NEIRO seems to have exited the accumulation phase and whales have become noticeably more active. This includes:

Buyers:

GSR Markets currently holds 40.4 million NEIRO, accounting for 4.04% of the total supply. The last increase was two days ago;
Smart money 0xe9f sold $1 million worth of OM and ATH three hours ago and received the first batch of 8.45 million NEIRO;
bwecapital.eth accumulated 4.065 million NEIRO two days ago, accounting for 0.4% of circulating supply;

Sellers include:

An entity that profited $145 million from SHIB sold all its 17.5 million NEIRO five days ago (before the surge), losing $1.49 million (-55%);
Whale account 0x00d deposited 4.7 million NEIRO ($531k) into Bybit in the past seventeen hours, making a profit of $247k (+87%).