A large whale has disposed of the Ethereum-based altcoin The Graph sending bearish concerns to investors holding the altcoin.
Some investors are eyeing an opportunity to buy and reinvest in the altcoin ahead of another potential surge.
Crypto analytics platform Santiment has highlighted a major move by a whale invested in Ethereum-based altcoin The Graph (GRT). According to the firm, the whale has disposed of over $55 million worth of GRT. As a result, the Ethereum (ETH)-based indexing protocol has suffered a mid-size price correction.
Since the whale sold at around $0.130, The Graph has fallen lower to trade for $0.116 at the time of press, marking a 5 percent drop in the last 24 hours. As a result of the rapid price change, volume has drastically risen reaching $65,146,714, a 70 percent rise in the last 24 hours.
The Graph has seen a mid-sized price [correction]after a multi-asset whale disposed of $55.3M worth of GRT, as picked up by [Santiment] data. Pay attention to the altcoins m

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