Following the US attack on Iran, tensions in the Middle East rose rapidly. Retaliation from Iran was immediate and the Iranian Parliament approved a bill to close the strategically important Strait of Hormuz.
While these developments were taking place, there were significant declines in Bitcoin (BTC), Ethereum (ETH) and altcoins. While these declines were taking place, an altcoin attracted attention with its rise.
According to data, blockchain-based open intellectual property project Story (IP) rose while Bitcoin and altcoins fell.
Following this rise, the altcoin was announced by the X account.
This announcement excited investors and also increased the price. Accordingly, Story (IP) increased investors’ expectations by showing a strong increase of over 10% amid the downtrend in the cryptocurrency market.
“Notifications are on. Big things are coming. Soon.”
Following this mysterious post and the rise, whales’ IP interest also increased. According to Lookonchain’s post, two whales have purchased $47.5 million worth of IP in recent days.
Accordingly, one whale bought $17.8 million and the other bought $29.7 million.
Story (IP) continues to trade at $3, up more than 10 percent in the last 24 hours.
2 whales have accumulated 16M $IP($47.52M) recently.
Whale 0x9921 accumulated 6M $IP ($17.82M).
Whale 0x9057 accumulated 10M $IP ($29.7M).
Address:https://t.co/RUC70fNHPqhttps://t.co/twlDJIAIf0 pic.twitter.com/UuqomX0v7P
— Lookonchain (@lookonchain) June 23, 2025
*This is not investment advice.
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