$SPIKE Jumps More Than 20% After Onchain Flags Purchase by MOODENG Whale

According to Onchain, a trader known for turning $1,000 into $3.8 million on MOODENG bought $10,000 worth of $SPIKE, coinciding with a sharp move in the token.

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Terms & Concepts
  • Onchain: A term commonly used for blockchain-based transaction tracking or analytics that monitors wallet activity and token movements on public ledgers.
  • Whale: A market participant holding enough capital or tokens to potentially influence price movements through large trades.
  • Token: A digital asset issued on a blockchain, often used for trading, utility, or governance within a crypto project.