Celsius (CEL) led the crypto gainers with massive surges over the past day. The altcoin gained jumpe
Celsius (CEL) led the crypto gainers with massive surges over the past day. The altcoin gained jumped nearly 145% to hover at $1.30 during this writing.
Celsius 145% surge
The altcoin outshined the crypto market as the broad market displayed recoveries. Massive trading volumes and heightened whale activity added to CELs upside steam.
Celsius saw its trading volume jumping 1,300% within the past day to $10.35 million at press time.
The impressive daily performance has outpaced top digital assets like Bitcoin and Ethereum, with their 1.55% & 0.21% daily gains, respectively.
Community reacts to CELs surges
While 30-day inflows indicate an upside trajectory for Celsius, the remarkable 140% upswing within a day surprised many.
Some market players call CELs explosive uptrend as a pump-and-dump move. Moreover, massive sudden upswings in the crypto world encounter relentless plunges.
Further, it seems a single whale is behind CELs current moves, making the alt prone to immense fluctuations.
It remains crucial to witness whether Celsius will hold its current highs.
The post Celsius (CEL) price up 145% as sentiments improve on amplified whale actions appeared first on Invezz
Disclaimer:
The views in this article only represent the author's personal views, and do not constitute investment advice on this platform. This platform does not guarantee the accuracy, completeness and timeliness of the information in the article, and will not be liable for any loss caused by the use of or reliance on the information in the article.
South Korea: Upbit Investigated for Over 500,000 KYC Violations
MacBook Users with Intel Chips Urged to Update for Enhanced Security
Solana-Based Trading Terminal DEXX Hacked, Over $21M in User Losses
South Korea to Enforce 20% Crypto Tax in 2025 with Increased Exemption Limit
0.00