{"id":54695,"date":"2025-06-23T05:29:18","date_gmt":"2025-06-23T05:29:18","guid":{"rendered":"https:\/\/crowdfundjunction.com\/blog\/story-ip-surges-after-whales-buy-16m-tokens\/"},"modified":"2025-06-23T05:29:18","modified_gmt":"2025-06-23T05:29:18","slug":"story-ip-surges-after-whales-buy-16m-tokens","status":"publish","type":"post","link":"https:\/\/crowdfundjunction.com\/blog\/story-ip-surges-after-whales-buy-16m-tokens\/","title":{"rendered":"Story (IP) surges after whales buy 16M tokens"},"content":{"rendered":"<p><b>(Originally posted on : CoinJournal: Latest Crypto News, Altcoin News and Cryptocurrency Comparison )<\/b><br \/>\n<\/p>\n<div data-site=\"CoinJournal\">\n<div class=\"-mt-16  mb-8  lg:-mt-20  rounded-md  shadow-md\">\n<div class=\"relative  z-10  post-article-image  rounded  overflow-hidden\" data-site=\"CoinJournal\">\n<picture><source srcset=\"https:\/\/coinjournal.net\/wp-content\/uploads\/imagecache\/2025\/06\/whales-buy-story-ip-smartcrop-750x375.webp\" type=\"image\/webp\" media=\"(min-width: 750px)\"\/><source srcset=\"https:\/\/coinjournal.net\/wp-content\/uploads\/imagecache\/2025\/06\/whales-buy-story-ip-smartcrop-363x181.webp\" type=\"image\/webp\"\/><source srcset=\"https:\/\/coinjournal.net\/wp-content\/uploads\/imagecache\/2025\/06\/whales-buy-story-ip-smartcrop-750x375.png\" type=\"image\/jpeg\" media=\"(min-width: 750px)\"\/><source srcset=\"https:\/\/coinjournal.net\/wp-content\/uploads\/imagecache\/2025\/06\/whales-buy-story-ip-smartcrop-363x181.png\" type=\"image\/jpeg\"\/>\n<\/picture>                            <\/div>\n<\/p><\/div>\n<ul>\n<li>Story (IP) token price surged 15% to above $3, driven by Bitcoin\u2019s recovery and whale accumulation.<\/li>\n<li>Two major whales acquired 16 million IP tokens worth $47.52 million, indicating strong investor interest.<\/li>\n<li>Analysts predict IP could retest the $4-$5 supply wall.<\/li>\n<\/ul>\n<p>Story (IP) is trading above $3 after surging 15% in 24 hours amid notable market turmoil.<\/p>\n<p>This IP price surge comes in the wake of <a href=\"https:\/\/coinjournal.net\/news\/bitcoin-bounces-after-dip-to-under-99k\/\">Bitcoin\u2019s recovery<\/a> from its recent lows of $98,500, which happened amid rising geopolitical tensions.<\/p>\n<p>But with BTC back above $101k, market sentiment sees Story protocol token IP up.<\/p>\n<p>Commenting on the current market outlook, crypto analyst IncomeSharks <a href=\"https:\/\/x.com\/IncomeSharks\/status\/1936964568024236248\" target=\"_blank\" rel=\"noopener\">said<\/a>:<\/p>\n<blockquote>\n<p>Want to know why so many are bearish? It\u2019s in the charts. We saw institutions, hedgefunds, and retail all start selling or shorting the local bottom. Then we had a violent V shape recovery which has squeezed or sidelined most. The FUD has started with moodys, tariffs, war, etc.<\/p>\n<\/blockquote>\n<h2>Whales buy Story (IP) dip<\/h2>\n<p>Recent data from blockchain analytics firm Lookonchain <a href=\"https:\/\/x.com\/lookonchain\/status\/1936968995833516441\" target=\"_blank\" rel=\"noopener\">highlights<\/a> a substantial accumulation of Story (IP) tokens by two major whale addresses.<\/p>\n<p>Whale 0x9921 has amassed 6 million IP tokens, valued at approximately $17.82 million, while whale 0x9057 has acquired 10 million tokens, totaling $29.7 million.<\/p>\n<p>Together, these transactions represent a collective purchase of 16 million IP tokens, worth $47.52 million, executed in recent days.<\/p>\n<p>The blockchain records reveal multiple successful coin transfers to these addresses, with values ranging from 2.5 million to 3 million IP per transaction, accompanied by negligible fees.<\/p>\n<p>This is not the first instance of significant whale interest in IP. Earlier this year, exchanges reported an outflow of $4.67 million worth of IP tokens.<\/p>\n<p>As then, this suggested prior accumulation by large investors.<\/p>\n<p>Those purchases preceded a 40% price surge, mirroring the today\u2019s bounce despite broader market\u2019s fading bullish momentum.<\/p>\n<p>The recent whale activity, coupled with a 12.8% daily price increase, underscores a pattern of strategic buying during dips, potentially positioning IP for further gains.<\/p>\n<h2>Story price forecast<\/h2>\n<p>Market analysts attribute trader optimism to IP\u2019s ranking as a top 100 cryptocurrency by market cap, with a value of $896 million.<\/p>\n<p>The project\u2019s focus on intellectual property asset management is fueling interest.<\/p>\n<p>Based on current whale activity and a bullish market outlook, IP price could target resistance in the $4.00-$5.00 region.<\/p>\n<p>However, if prices flip negative, the altcoin could revisit support levels at $2.75 and $2.50.<\/p>\n<p>Analysts at Sentiment <a href=\"https:\/\/x.com\/santimentfeed\/status\/1936942049670107491\" target=\"_blank\" rel=\"noopener\">point<\/a> to what traders may pay attention to in the short term.<\/p>\n<p>IP price hovered around $3.09 at the time of writing. Daily trading volume was up more than 100% to over $46 million. Meanwhile, open interest stood at over $71 million.<\/p>\n<div class=\"ad-banner  container  pt-1\" data-partner=\"bitcoinpepe\">\n        <a href=\"https:\/\/bitcoinpepe.co\/en?utm_source=coinjournal&amp;utm_medium=banner&amp;utm_campaign=header\" target=\"_blank\" rel=\"nofollow sponsored noopener\"><br \/>\n            <img src=\"https:\/\/coinjournal.net\/wp-content\/themes\/c1-base\/dist\/img\/ad\/blockovate\/en-3.png\"\/><br \/>\n        <\/a>\n    <\/div>\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><a href=\"https:\/\/coinjournal.net\/news\/story-ip-price-jumps-as-whales-buy-16-million-tokens\/\">Source link <\/a><br \/>\n<br \/><\/p>\n","protected":false},"excerpt":{"rendered":"<p>(Originally posted on : CoinJournal: Latest Crypto News, Altcoin News and Cryptocurrency Comparison ) Story (IP) token price surged 15% to above $3, driven by Bitcoin\u2019s recovery and whale accumulation. Two major whales acquired 16 million IP tokens worth $47.52 million, indicating strong investor interest. Analysts predict IP could retest the $4-$5 supply wall. Story [&hellip;]<\/p>\n","protected":false},"author":13,"featured_media":54696,"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\/54695"}],"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=54695"}],"version-history":[{"count":0,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/posts\/54695\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/media\/54696"}],"wp:attachment":[{"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/media?parent=54695"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/categories?post=54695"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/tags?post=54695"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}