SNEAK PEEK
- BTC12 Capital invests $1.14 million in TURBO tokens and acquires 645 million.
- RookieXBT purchases 61 million TURBO tokens for $71,000.
- TURBO tokens surged 3.5% to $0.001121, with a $91 million trading volume.
According to LookOnChain, a Smartmoney on-chain transaction tracking platform, BTC12 Capital, using their wallet leishen.eth, made a significant investment in TURBO tokens throughout May 6th and 7th. The investment totaled 600 ETH, equivalent to over $1.14 million, and resulted in the acquisition of 645 million TURBO tokens for $0.001773 each.
BTC12 Capital (leishen.eth) spent 600 $ETH ($1.14M) to buy 645M $TURBO($724K currently) at $0.001773 on May 6th and 7th.
And @RookieXBT spent 48 $ETH ($71K) to buy 61M $TURBO($68K currently) at $0.00146 again 11 hrs ago, although he lost 10 $ETH ($43K) on $TURBO before. pic.twitter.com/9CDwnF5oTx
— Lookonchain (@lookonchain) May 10, 2023
Not long after, RookieXBT purchased TURBO tokens using their wallet, spending 48 ETH, or $71,000, to acquire 61 million TURBO tokens for $0.00146 each. This transaction occurred 11 hours ago, despite RookieXBT losing 10 ETH, or approximately $43,000, on a previous TURBO investment.
These transactions have significant implications, particularly for the TURBO ecosystem. BTC12 Capital’s purchase of such a large stake in the project could give them significant influence over the market. Similarly, despite previous losses, RookieXBT’s decision to double down on TURBO tokens could indicate a strong belief in the project’s potential.
LookOnChain‘s tracking of these transactions is a testament to the growing interest in TURBO and its potential for significant gains. As more investors enter the market and make sizable investments in TURBO, the project’s future looks increasingly bright. Investors should continue to monitor TURBO closely in the coming days and weeks to stay on top of the latest developments and investment opportunities.
The TURBO token is changing hands at $0.001121, a 3.5% increase in the past 24 hours. With a trading volume of $91,213,039, TURBO ranks 40th among 9.6K tokens, according to data from CoinMarketCap. The cryptocurrency pair has 69,000,000,000 TURBO tokens in total supply, which is also the total supply.
