{"id":24254,"date":"2023-10-30T12:05:36","date_gmt":"2023-10-30T12:05:36","guid":{"rendered":"https:\/\/crowdfundjunction.com\/blog\/tellor-price-surges-as-whales-accumulate-trb\/"},"modified":"2023-10-30T12:05:36","modified_gmt":"2023-10-30T12:05:36","slug":"tellor-price-surges-as-whales-accumulate-trb","status":"publish","type":"post","link":"https:\/\/crowdfundjunction.com\/blog\/tellor-price-surges-as-whales-accumulate-trb\/","title":{"rendered":"Tellor price surges as whales accumulate TRB"},"content":{"rendered":"<p><b>(Originally posted on : CoinJournal: Latest Bitcoin, Ethereum &amp; Crypto News )<\/b><br \/>\n<\/p>\n<div>\n<div class=\"post-article-image  -mt-24  mb-8  lg:-mt-32  rounded  overflow-hidden\">\n<picture><source srcset=\"https:\/\/coinjournal.net\/wp-content\/uploads\/imagecache\/2023\/10\/1698664990055-37be2e03-e3d1-42e5-8f81-1f0ac568c3ef-smartcrop-750x375.webp\" type=\"image\/webp\" media=\"(min-width: 750px)\"\/><source srcset=\"https:\/\/coinjournal.net\/wp-content\/uploads\/imagecache\/2023\/10\/1698664990055-37be2e03-e3d1-42e5-8f81-1f0ac568c3ef-smartcrop-363x181.webp\" type=\"image\/webp\"\/><source srcset=\"https:\/\/coinjournal.net\/wp-content\/uploads\/imagecache\/2023\/10\/1698664990055-37be2e03-e3d1-42e5-8f81-1f0ac568c3ef-smartcrop-750x375.jpg\" type=\"image\/jpeg\" media=\"(min-width: 750px)\"\/><source srcset=\"https:\/\/coinjournal.net\/wp-content\/uploads\/imagecache\/2023\/10\/1698664990055-37be2e03-e3d1-42e5-8f81-1f0ac568c3ef-smartcrop-363x181.jpg\" type=\"image\/jpeg\"\/>\n<\/picture>                    <\/div>\n<ul>\n<li dir=\"ltr\">Tellor (TRB) price rose to highs of $119 on Monday as bulls looked to close in the green for the first time in four days.<\/li>\n<li dir=\"ltr\">TRB price could see a bullishish continuation as whales buy more tokens.<\/li>\n<li dir=\"ltr\">Tellor price is just 26% from its all-time-high of $164 reached in May 2021.<\/li>\n<\/ul>\n<p dir=\"ltr\">Tellor (TRB) price pumped early Monday as the market looked to continue the positive momentum that has catalysed recent gains for many <a href=\"https:\/\/coinjournal.net\/news\/tag\/altcoins\/\">altcoins<\/a>.<\/p>\n<p dir=\"ltr\">According to market data from CoinGecko, TRB price was $117 at the time of writing, up 15% in the past 24 hours. The price surge comes as a bullish break from lows of $96 saw TRB soar past $110.<\/p>\n<h2 dir=\"ltr\">What is Tellor?<\/h2>\n<p dir=\"ltr\">Tellor is a decentralised oracle network with smart contracts on Ethereum. \u00a0The protocol\u2019s oracle feeds provide for a permissionless infrastructure for bringing valuable off-chain data to smart contracts. Data providers compete for incentives in TRB, while the platform overall benefits the decentralised finance (DeFi) ecosystem.<\/p>\n<p dir=\"ltr\">Tellor recently deployed on the Manta Pacific mainnet, adding its launch on the network to other EVM- compatible chains including Ethereum and Arbitrum. The oracle feed is also integrated with the Filecoin Virtual Machine.<\/p>\n<h2 dir=\"ltr\">Why is the Tellor (TRB) price rising today?<\/h2>\n<p dir=\"ltr\">As can be seen in the <a href=\"https:\/\/www.tradingview.com\/x\/7U1uHQws\/\" rel=\"noopener noreferrer\" target=\"_blank\"><u>chart<\/u><\/a> below, TRB came close to hitting the $120 price level. This is the same price level that marked the point of last week\u2019s rejection and the start of a four-day decline for the altcoin. Bulls are looking to decisively break the four-day red candle streak.<\/p>\n<div class=\"fr-img-space-wrap\"><span class=\"fr-img-caption fr-fic fr-dib fr-draggable\" style=\"width: 615px\"><span class=\"fr-img-wrap\"><\/p>\n<p dir=\"ltr\"><img loading=\"lazy\" decoding=\"async\" src=\"https:\/\/media.igms.io\/2023\/09\/30\/1698664577629-8d1d3c02-ea4b-4fb6-81ad-958e7cde109d.png\" style=\"width: 700px\" class=\"fr-fic fr-dib\" width=\"700\" height=\"267\"\/><span class=\"fr-inner\">Tellor price chart. Source:\u00a0<a href=\"https:\/\/www.tradingview.com\/x\/7U1uHQws\/\" rel=\"noopener noreferrer\" target=\"_blank\">TradingView<\/a><\/span><\/p>\n<p><\/span><\/span><\/p>\n<p class=\"fr-img-space-wrap2\">On-chain data sleuth Lookonchain has highlighted that TRB\u2019s price gains today come amid new accumulation by whales. After buoying the uptick from lows of $41 earlier this month, whales are at it again. More than 27,400 TRB worth over $3.18 million have been moved from crypto exchange Binance in the last few hours, Lookonchain <a href=\"https:\/\/twitter.com\/lookonchain\/status\/1718903695046565891\" rel=\"noopener noreferrer\" target=\"_blank\">posted<\/a> on X.<\/p>\n<\/div>\n<p dir=\"ltr\">\u201c<em>Whales accumulate $TRB again! 2 whales have withdrawn 27,405 $TRB ($3.18M) from #Binance in the past 5 hours. And the price of $TRB increased 15% today<\/em>,\u201d the account noted as Tellor pumped.<\/p>\n<p dir=\"ltr\">The trend was also observable last week as TRB price skyrocketed 28% and 31% on October 23 and October 25.\u00a0<\/p>\n<blockquote class=\"twitter-tweet\" data-width=\"500\" data-dnt=\"true\">\n<p lang=\"en\" dir=\"ltr\">2 fresh wallets withdrew 24,784 <a href=\"https:\/\/twitter.com\/search?q=%24TRB&amp;src=ctag&amp;ref_src=twsrc%5Etfw\">$TRB<\/a> ($1.88M) from <a href=\"https:\/\/twitter.com\/hashtag\/OKX?src=hash&amp;ref_src=twsrc%5Etfw\">#OKX<\/a> and <a href=\"https:\/\/twitter.com\/hashtag\/Binance?src=hash&amp;ref_src=twsrc%5Etfw\">#Binance<\/a> ~10 mins ago.<\/p>\n<p>A total of 7 fresh wallets have withdrawn 198,755 <a href=\"https:\/\/twitter.com\/search?q=%24TRB&amp;src=ctag&amp;ref_src=twsrc%5Etfw\">$TRB<\/a> ($15.06M, 7.83% of the total supply) from exchanges in the past 3 days. <a href=\"https:\/\/t.co\/TKh2C9XnSc\">pic.twitter.com\/TKh2C9XnSc<\/a><\/p>\n<p>\u2014 Lookonchain (@lookonchain) <a href=\"https:\/\/twitter.com\/lookonchain\/status\/1716288173280780773?ref_src=twsrc%5Etfw\">October 23, 2023<\/a><\/p>\n<\/blockquote>\n<p dir=\"ltr\">With whales showing continued confidence in the token, its likely TRB\/USD could surge past its immediate resistance zone. The next supply wall may be at the all-time-high zone above $160.\u00a0<\/p>\n<p dir=\"ltr\">TRB price reached its ATH of $164 in May 2021, which means bulls are roughly 26% off the peak at current levels.<\/p>\n<div class=\"post-meta\">\n<hr class=\"mb-6\"\/>\n<h6 class=\"text-3xl  mb-4  text-green-300\">Share this article<\/h6>\n<hr class=\"mb-6\"\/>\n<h6 class=\"text-3xl  mb-4  text-green-300\">Categories<\/h6>\n<hr class=\"mb-6\"\/>\n<h6 class=\"text-3xl  mb-4  text-green-300\">Tags<\/h6>\n<\/p><\/div>\n<\/p><\/div>\n<p><script async src=\"\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><br \/>\n<br \/><a href=\"https:\/\/coinjournal.net\/news\/tellor-trb-price-spikes-15-amid-fresh-whales-activity\/\">Source link <\/a><br \/>\n<br \/><\/p>\n","protected":false},"excerpt":{"rendered":"<p>(Originally posted on : CoinJournal: Latest Bitcoin, Ethereum &amp; Crypto News ) Tellor (TRB) price rose to highs of $119 on Monday as bulls looked to close in the green for the first time in four days. TRB price could see a bullishish continuation as whales buy more tokens. Tellor price is just 26% from [&hellip;]<\/p>\n","protected":false},"author":13,"featured_media":24255,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"om_disable_all_campaigns":false,"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0},"categories":[35],"tags":[],"_links":{"self":[{"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/posts\/24254"}],"collection":[{"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/users\/13"}],"replies":[{"embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/comments?post=24254"}],"version-history":[{"count":0,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/posts\/24254\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/media\/24255"}],"wp:attachment":[{"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/media?parent=24254"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/categories?post=24254"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/tags?post=24254"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}