New Whale Accumulates AST, Holds Over 1% of Total Supply

Amid the highly anticipated altcoin season, a new whale wallet has been actively accumulating AirSwap as it records ~20% weekly gains. Currently, the new whale holds an impressive 1.22% of the total AST token supply. Over the last three weeks, the wallet withdrew 6.09 million AST at a market value of $539k from Coinbase. Despite the highly volatile price movements, the whale is holding the investment with the current valuations above $546k. In the last 24 hours, the AST token has increased by ~30%, reaching a market cap of $16.31M.