• Six whale wallets accumulated tokens worth more than $15 million at going market rates.
• TRB pumped 47% over the last week.

Decentralized oracle protocol Tellor [TRB] defied bearish sentiments to emerge as one of the shining spots in the crypto landscape in the recent weeks. According to CoinMarketCap, the token exploded 270% over the past month, exchanging hands at $52.18 at the time of writing.

Realistic or not, here’s TRB’s market cap in BTC’s terms

Whales to decide the tide?

With an enormous rise in the midst of a bear market, speculators looking for a quick buck hurried to get their hands on the coin.

However, much like many other mid to small cap cryptos, the forthcoming movements in price could be dictated by a handful of powerful investors.

According to data from Lookonchain dated 28 September, six whale wallets amassed as many as 286,375 TRBs of late, amounting to more than $15 million at going market rates.

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Author: Aniket Verma

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