BLOK: Buy After 128% Whale Accumulation
I am buying BLOK after a strong on-chain accumulation and a 128% increase by wallet 0x8993..f69b. I hold 1.02M BLOK, currently shown at $226.82 portfolio value.
The token trades around $0.0002218 with a market cap near $17,166,255, indicating small-cap volatility but clear momentum on the chart and recent transactions.
I view this as a buy setup, but I will size the position to my risk tolerance, monitor liquidity, and use stops to limit downside.
Analysis
Recommendation
Buy, but keep position sizing conservative and set clear stops. Monitor on-chain activity and liquidity; consider trimming on strong rallies.
Disclaimer
The Analysis and recommendations provided are for informational purposes only. Any investment decisions should be made at your own risk. Past performance is not indicative of future results. Always conduct your own research and consider consulting with a financial advisor before making any investment decisions.