Increase purchases of kits with Atrium updates; A jump in prices or a continuation of the downward trend?



Although analysts say Atrium’s next short-term goal is in the $ 2,400 range, available data shows that large investors have begun to accumulate this digital currency on the eve of a change in network mechanism from proof-of-work to proof-of-proof. stock.

According to Kevin Telegraph, updating Atrium’s mechanism to the stock proof model is one of the most discussed topics in the digital currency industry. In addition, industry analysts have always tried to study the impact of stock-based transitions on Atrium prices in a variety of ways.

Increase purchases of kits with Atrium updates;  A jump in prices or a continuation of the downward trend?
Daily chart of Atrium prices in dollars.

Whales accumulate before the network is updated

Jarvis Labs collected data on atriums accumulated in whale portfolios and compared the percentage changes in whale portfolio inventory with atrium prices.

Increase purchases of kits with Atrium updates;  A jump in prices or a continuation of the downward trend?
Changes in the stocks of atrium whales.

Note that in the image above, the color of the dots shows the price of the atrium. The chart shows that when the price of the Atrium reached over $ 4,000, whale stocks fell, and when it fell below $ 2,300, these investors resumed their accumulation.

The company said:

Whales are re-accumulating atrium, and this accumulation has a steady and upward trend.

It is noteworthy that whales are not the only ones gaining an atrium at their price bottom. As you can see in the image below, the red dots indicate that both the accumulation of whales and the accumulation of smaller wallets and investors have increased.

Increase purchases of kits with Atrium updates;  A jump in prices or a continuation of the downward trend?
Study of the behavior of large and small investors in atrial accumulation.

Jarvis Labs continued:

Given the distribution of Atrium’s portfolios, it can be concluded that both whale stocks and smaller investor stocks have increased. Both groups appear to accumulate atrium. Is this increase in accumulation due to atrium network upgrades?

Will Atrium end its dependence on bitcoin?

Delphi Digital analysts have questioned whether Atrium’s price dependence on bitcoin will disappear as the Atrium Final Update approaches or later. They predict that the correlation between Atrium and Bitcoin is likely to increase in the short term.

Increase purchases of kits with Atrium updates;  A jump in prices or a continuation of the downward trend?
Atrium price chart versus Bitcoin.

One of the main questions in the chart above is what Atrium needs to break this invisible chain that has long been sandwiched between this digital currency and bitcoin.

According to Delphi Digital, updating the network to a model proving availability, and some investors’ views on Atrium’s superiority over bitcoin, may be what the digital currency needs to break its correlation with bitcoin.

The company said:

Following a change in the network mechanism for proving shares, investor interest in Atrium is growing. Especially since more people will realize that they have a great opportunity to earn more from an anti-inflationary asset.

Growth of the share of the atrium

Increase purchases of kits with Atrium updates;  A jump in prices or a continuation of the downward trend?
Atrium shares statistics.

Despite the decline in atrium prices, available data show that the number of atriums in the Beacon chain continues to increase. The value of Atrium 2 deposits has also increased, according to Dune Analytics. Meanwhile, several analysts have suggested that institutional investors and whales may trade with Atrium before and after the network’s upgrade.

Read also: Read also: How to participate in proving shares of Atrium 2.0?

Increase purchases of kits with Atrium updates;  A jump in prices or a continuation of the downward trend?
Atrium 2 deposit data on the Lido shareholder platform.

Overall, available data shows that although Atrium is at 42.5 percent of its historic peak, large investors have begun to accumulate this digital currency. They seem to be waiting for the digital currency remuneration bonus to increase and expect its price to rise as Atrium’s anti-inflation.

The publication Increased purchases of whales with updates to Atrium; A jump in prices or a continuation of the downward trend? appeared first for currency.

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