Skale Whale Trail Never Fails

😯 Skale, currently crypto's 182nd largest market cap asset, went on a price surge of +57% between January 24th and 29th. This was powered by a record-high (since Genesis) 840 daily active addresses during its run-up.

With whale activity hitting a 34-month high yesterday, there was obvious profit taking going on. But with that said, the rally may not be over if we continue to see major on-chain activity and increased retail trader interest. These next few days will be telling for $SKL.

Monitor these metrics here, and look for another on-chain spike as a buy signal, considering whales' next moves are likely to buy back in now that the altcoin is on a mild downswing.

Not financial advice. DYOR.