Whale Activity Spotted on Sundog: Over 40 Million Tokens Withdrawn, with Fresh Wallets Appearing
Got SUNDOG? Watch Out for the Big Players
💼 Whales Go Big with SUNDOG
In the recent crypto scene, whales have been showing massive interest in SUNDOG, a trend notable on May 8, 2025. Two newly formed wallets, TGA...Pw and TDWW...HTn, withdrew a total of 40.3 million SUNDOG tokens (around $2.09 million) from the Bybit exchange, raising eyebrows across the market.
💼 A Gang of Whales at Play
Not just these new wallets, another set of wallets, potentially belonging to the same group, have also withdrawn around 28.74 million SUNDOG tokens (equivalent to $1.47 million) from Bybit. These massive withdrawals indicate that the big players are seriously interested in SUNDOG, and they’re not playing solo.
💼 Strategic Moves
Furthermore, there’s evidence of coordinated accumulation across multiple major exchanges (HTX, Gate.io, Kucoin, Bybit, Bitget), suggesting that we might be dealing with multiple whales or a coordinated group building strong positions in SUNDOG.
⚡ SUNDOG on the Rise
With whales showing such strong interest and making strategic moves, it’s no surprise that SUNDOG has been on the radar screen, with the market keeping a close eye on its future. The timing and size of these moves are suggestive of a strategic position before potential price swings or project developments.
📈 Short to Medium-term Outlook
Significant whale activity has been correlated with notable price increases in SUNDOG, and as a result, trading volume for the SUNDOG/TRX pair on SunSwap saw an 18% rise, indicating growing liquidity and interest in TRON-based altcoins. This bullish trend is likely to continue in the short to medium term, provided that the whale accumulation continues and the broader market sentiment supports altcoins.
Table of Recent Whale Activity:
| Date | Tokens Withdrawn | USD Value | Details ||--------------|-----------------|------------|--------------------------------------|| May 8, 2025 | 69.04 million | $3.56 million | Multiple wallets, mainly from Bybit || May 8, 2025 | 40.3 million | $2.09 million | Two new wallets, coordinated accumulation || Early May | 8.04 million | $425,000 | 1 whale invested $425,000 over three days |
🔑 Key Takeaways
- SUNDOG is attracting the attention of big players, with massive token withdrawals observed.
- Whales appear to be coordinating their moves across multiple exchanges.
- Short-term to medium-term outlook for SUNDOG remains bullish, given the continued whale accumulation and supportive market sentiment.
- The recent crypto scene has seen whales display keen interest in SUNDOG, with two new wallets, TGA...Pw and TDWW...HTn, withdrawing a combined 40.3 million SUNDOG tokens.
- Not only these new wallets, but another set of wallets, possibly belonging to the same group, have also withdrawn around 28.74 million SUNDOG tokens from Bybit.
- There is evidence of coordinated accumulation across multiple major exchanges like HTX, Gate.io, Kucoin, Bybit, and Bitget, indicating the presence of multiple whales or a coordinated group building strong positions in SUNDOG.
- The massive withdrawals and coordinated accumulation suggest that the big players are very interested in SUNDOG, and they're not acting alone.
- The SUNDOG market is under close scrutiny as whales have shown strong interest and made strategic moves, potentially hinting at a strategic position before potential price swings or project developments.
- The short to medium-term outlook for SUNDOG remains bullish due to continued whale accumulation and a supportive market sentiment for altcoins, with the recent surge in trading volume for the SUNDOG/TRX pair on SunSwap being indicative of this trend.
