A certain giant whale has built a large position of 11.46 million USD in JTO, which has become its number one asset in terms of holding value
According to on-chain analyst @ai_9684xtpa, the whale 5E2d6...BpkPq is building a large position worth 11.46 million USD in JTO. This address withdrew 3.22 million JTO from CEX 12 hours ago at an average price of $3.66 and it has now become its number one asset by holding value.
JTO is the project token of Jito Network, a MEV infrastructure on the Solana network. The Dune data panel shows that on November 11th, Jito MEV's single-day income reached 6900 SOL (1.45 million USD); and the explosive growth of Solana ecosystem this year has also led to a rise in JTO's coin price by 119% over the past year.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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