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Amidst the US-Iran Tension, Bitcoin (BTC) is Falling While This Altcoin is Rising! "There is a Whale Rush!"
The USA's attack on Iran quickly escalated tensions in the Middle East. Iran's retaliation was swift, and the Iranian Parliament approved a bill to close the strategically important Strait of Hormuz.
While these developments were taking place, there were significant declines in Bitcoin (BTC), Ethereum (ETH) and altcoins. While these declines were taking place, an altcoin drew attention with its rise.
According to the data, while Bitcoin and altcoins were falling, the blockchain-based open intellectual property project Story (IP) experienced a bullish trend.
Following this rise, the altcoin's announcement made with account X was included.
This announcement excited investors and also raised the price. Accordingly, Story (IP) showed a strong increase of over 10% amid the downward trend in the cryptocurrency market, raising investors' expectations.
After this mysterious sharing and rise, the interest of whales in IP has also increased. According to Lookonchain's post, two whales recently made an IP purchase worth 47.5 million dollars.
Accordingly, one whale made a purchase worth 17.8 million dollars, while the other made a purchase worth 29.7 million dollars.
Story (IP) continues to trade at $3 with an increase of over 10% in the last 24 hours.
*It is not investment advice.
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