Whale Buys 8,000 Iris Gold at 0.89 — Bullish but Watch for Confirmation
I see a large whale purchase on Iris Exchange: 8,000 Iris Gold executed at 0.89. This trade looks like concentrated accumulation and could add upward pressure to the price.
I view the move as a bullish signal, but it’s a single on-chain event — not definitive proof of trend change. I’ll want to see follow-through in volume and orderbook depth.
For now I’m optimistic but cautious: watch for confirming buys, rising bids, and higher time‑frame momentum before increasing exposure.
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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.