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
🟥 975 new wallets created in one day
🟦 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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