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Shamii

06/12 01:07

SPX6900 token price forms a cup-with-handle patter

SPX6900 token price forms a cup-with-handle pattern driven by whale buying

The SPX6900 token continued its strong upward momentum on Wednesday, reaching its highest point since January. SPX6900 spx16.07%

The SPX6900 price rose for the fifth consecutive day, reaching a high of $1.62, up 548% from its lowest point this year. The surge has sent its market value soaring from $275 million in March to $1.4 billion.

The surge in SPX tokens is in sync with the continued buying of whales. Nansen data shows that the number of SPX tokens held by whales is currently 105.29 million, up from 104 million on May 13 this year.

Similarly, the number of SPX tokens held by public figures has also increased from 31.9 million on June 2 to 31.97 million.  The SPX6900 token also saw an increase in price, with the number of daily active addresses climbing to 2,075, the highest level since January 25, compared to less than 1,000 last week.

In addition, the supply of SPX on exchanges has fallen to 90.21 million from a high of 92.7 million coins year-to-date. 

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#Share Your Thoughts on Popular Assets in June#Do you think RESOLV is promising?#Do you think BOBBSC is promising?
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