Axie Infinity
Why Axie Infinity is up 37.2% today
Analysis
Axie Infinity (AXS) jumped 37.2% over the past 24 hours as traders reacted to signs of increased whale activity following a sharp rally, with attention on whether large holders were buying into the move. BeInCrypto reported that whales may have stepped in after a roughly 41% run-up, framing the surge as potentially driven by big-wallet positioning even as the article flagged pullback risk.
Contributing Factors (1)
Did Axie Infinity (AXS) Whales Just Buy Into a Pullback Risk After a 41% Rally?
The Axie Infinity price has pulled back, but the bigger question is why whales are buying now. Since breaking out on January 21, the AXS price surged roughly 41%, hitting a wall near $3.00. The rally...
Move Details
Explanation Confidence
Moderate confidence. Multiple factors may be contributing.