Blockchain tracker Lookonchain said Cumberland kept buying PONS on weakness even as the token price declined. Over the past 10 days, Cumberland withdrew a total of 16.55 million PONS from Gate. The holdings were valued at about $9.37 million, with an average price of $0.67. The activity points to continued accumulation by the trading firm during the recent drop in PONS.
According to Lookonchain, Cumberland continued to buy PONS on dips even as the token's price fell.
Over the past 10 days, Cumberland withdrew a total of 16.55 million PONS from Gate, valued at about $9.37 million, at an average price of $0.67.
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