Synthetix Metrics Marked a Clear Halt to the Massive Rally, But is a Rebound Around the Corner?

📈 Synthetix exploded to a +155% price surge between Sunday and Tuesday. This was followed by one of the largest FOMO spikes the network has ever seen, with: 🟧

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📈 Synthetix exploded to a +155% price surge between Sunday and Tuesday. This was followed by one of the largest FOMO spikes the network has ever seen, with:

🟧 2,725 active wallets in one day

đŸŸĨ 975 new wallets created in one day

đŸŸĻ 229 whale transfers exceeding $100K in one day

💸 It's also worth mentioning that there has been a significant amount of dormant tokens moving, with the average age of $SNX held getting 24 days younger during this stretch.

🌊 A second wave of spikes will likely signal a price rebound as the price is correcting now. Track the metrics here!


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Exchanges

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Synthetix Metrics Marked a Clear Halt to the Massive Rally, But is a Rebound Around the Corner?