MASK Token Surges 25%, Smart Money Addresses Reveal Their Secrets

Key Points:

• $MASK token surged by 25% and surpassed $7, attracting attention from investors.
• Several $MASK smart money addresses have made huge profits by purchasing at $2.5 and holding.
• Voyager converted over $600M worth of altcoins to USDC and sent 150 million $USDC to Circle for hard cash.

Several $MASK token smart money addresses have made huge profits by purchasing at $2.5 and holding, while Voyager sent 150 million $USDC to Circle in exchange for hard cash after converting $600M worth of altcoins to USDC.

The MASK token has experienced a 25% increase, surpassing $7, and several $MASK smart money addresses have been identified. These addresses share a common characteristic, as reported by 0xScope, a web3 knowledge graph, they all purchased large amounts of $MASK at around $2.5 and have been holding onto it ever since.

This increase in the value of $MASK has resulted in significant profits for some of these early investors. “0x44fc” bought $MASK at $2.28 and is currently profiting at 1.1M, while “0x73c6” bought at $2.7 and has made a profit of 1.3M. “0xfed6” was bought at $2.3 and has a PnL of 0.26M. #JumpTrading “0xf584”, the 10th largest holder of $MASK, accumulated 1M $MASK in February with an average price of $3.3 and has a PnL of over 4M.

In other crypto news, OxScpope has reported that Voyager recently converted over $600 million worth of altcoins to USDC in just two months. Additionally, the company sent 150 million $USDC to Circle in exchange for hard cash.

Besides, two days after the Polygon zkEVM beta mainnet release, there have been around 4K bridge activities. This number is significantly lower than the average daily bridge activity of over 40K that zkSync Era had when it was launched. It is believed that the difference in activity may be due to the expectation of an airdrop and the difference in gas costs.

However, it is important to note that the world of cryptocurrency is known for its high volatility, and investors should always conduct their own research and exercise caution when investing in crypto. While the current surge in the $MASK token and the profits made by early investors may be tempting, there is no guarantee that the trend will continue.

DISCLAIMER: The Information on this website is provided as general market commentary and does not constitute investment advice. We encourage you to do your own research before investing.

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