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208 Million JASMY Bought off Binance and Moved to Cold Storage Signaling Extremely Bullish Sentiment for the Bitcoin of Japan

source-logo  cryptonewsland.com 20 June 2024 08:54, UTC
  • Crypto and JASMY enthusiast notices millions of JASMY being moved off exchanges.
  • Over 208 million JASMY has been bought and moved from Binance.
  • Analysts expect JASMY has now completed its correction phase.

Jasmy trader and enthusiast notices huge amounts of JASMY are being brought off crypto exchanges. It seems the recent dip acted as a great opportunity for many traders to pump their JASMY holdings in preparation for the golden crypto bull cycle phase.

🚨 BREAKING: 208,786,287 ($6,2M) #Jasmy were moved off #Binance in the past 24 hours pic.twitter.com/DZbrxxEqM3

— STEPH IS CRYPTO (@Steph_iscrypto) June 20, 2024

In detail, Steph is Crypto draws attention to the fact that 208,786,287 which amounts to $6.2 million JASMY has moved off Binance in the last 24 hours alone. In his video, he reveals that similar JASMY buying is taking place on other prominent crypto exchanges as well.

Specifically, over 11.3 million JASMY has been bought off Crypto.com, over 29.85 million JASMY has been bought off gate.io, and over 50.6 million JASMY has been bought off KuCoin. Steph marks this as a highly bullish signal for JASMY long-term price.

Steph notices how smart money is buying and moving JAMY to cold storage giving the asset another similarity to Bitcoin truly making it the Bitcoin of Japan. He also adds of on-chain JASMY looks healthy and despite the market correction state, JASMY is primed for great highs very soon.

#Jasmy correction SHOULD be close to completion, as indicated by the highlighted wave 4 pic.twitter.com/cCwlKHQgez

— Matthew Dixon – CEO Evai (@mdtrade) June 18, 2024

In line with Steph’s video, another crypto analyst draws light to how JASMY’s correction is almost close to completion. This analyst also highlights the JASMY price chart that marks the assets next uptrend which will be wave 4 for the altcoins next massive surge.

Indeed, it looks like JASMY has reached the completion of its correction phase as the asset hit $0.029 yesterday. This matched the JASMY buy order set by reputed and renowned crypto trader and analyst Doctor Profit who said he would buy JASMY at $0.029 price mark.

All in all the expectations for JAMSY price to beat its old ATH is highly bullish and the price is expected to surpass $5 this cycle. Adding more bullish sentiment is the fact that JASMY team expects the JASMY price to hit $17 by 2026.