Whale's $4.1M AIOZ Buy Sparked 40% Price Surge

AIOZ Network's token experienced a sharp 40% price surge within an hour, coinciding with significant whale accumulation. Notably, Whale 0xc7c0 (convexking.eth) purchased 8.9 million AIOZ tokens worth $4.12 million, increasing their total holdings to 20.29 million AIOZ tokens, valued at $8.58M at the coin's current price of $0.43.

Analysis of AIOZ's price action reveals that the token broke above the 9-period EMA, signaling a bullish trend. Simultaneously, the MACD line crossed above the signal line, reinforcing upward momentum. A shift to positive territory on the histogram further validated bullish sentiment. This price action coincided with a whale's substantial purchase, highlighting the impact of institutional activity on price movements.

The whale order indicator revealed that Whale 0xc7c0's buy order appeared as a thick, dark line, indicating a large filled order. The size and duration of this order suggest a prolonged influence on AIOZ's price action. This accumulation likely catalyzed the surge, demonstrating that substantial whale activity can be a precursor to strong price movements.

Further analysis illustrates a significant spike in net inflow, aligning with the price surge. Over the past months, AIOZ's Netflow has exhibited fluctuating trends, with notable sell-offs during downturns and strong inflows aligning with price recoveries. Large inflows in early December and mid-January corresponded with temporary price rebounds, reinforcing the correlation between whale accumulation and price movements.

At press time, the Long/Short Ratio over four hours indicated short positions dominated the market. However, as the price surged, the ratio shifted towards long positions. This transition reflects a broader market sentiment shift from bearish to bullish, aligning with whale-driven buying pressure. If long positions continue to gain dominance, further price appreciation could occur as traders anticipate extended bullish momentum.