The Beam Price surged by almost 12.67% last week, showing bullishness. Gaming tokens are surging high following the Bitcoin rally.
The BEAM crypto is trading in the bullish zone above the key moving averages, showcasing bullishness. Gaming tokens like BEAM, GALA, and Sandbox have recently shown a remarkable surge following the Bitcoin rally.
One of the main reasons for this recent upward move is whale activity. Data from Lookonchain shows that a prominent wallet address switched their position from PEPE to Shiba Inu (SHIB), Decentraland (MANA), The Sandbox (SAND), and GALA (GALA). The whale sold their 1.97 trillion PEPE holdings, worth $6.07 million, at a profit of $3.49 million.
The wallet address then bought 75.9 billion SHIB (worth $893,000), 1.6 million MANA (worth $1.07 million), 2.43 million SAND (worth $1.48 million), and 36.88 million GALA ($1.46 million). Continued buying pressure from large wallet addresses is likely to boost further gains in gaming tokens.
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