GWEI (ETHGas) 24-hour amplitude 45.3%: Surge in trading volume and whale accumulation drive movement
Bitget Pulse2026/04/26 23:28Volatility Brief
In the past 24 hours, the price of GWEI rebounded from a low of $0.095103 to a high of $0.138222. The current quote is $0.130908, with a fluctuation amplitude of 45.3%. Trading volume surged to around $38.5 million (about 16% of market cap), with a market cap of approximately $240 million, a circulating supply of 210 million, and a total supply of 1 billion.
Simple Analysis of Abnormal Movements
- Explosive trading volume: Within 24 hours, volume increased from $17 million to $38.5 million, pushing the price to an ATH of $0.1273-$0.138.
- Signs of whale accumulation: Exchange balances declined by 34% over 30 days, the Top-100 wallets’ holdings rose to 28%, and all 7 out of 7 local pullbacks were absorbed by buyers; on-chain data indicates large purchases.
Market Perspectives and Outlook
The mainstream community is bullish, traders see the current price as a breakout continuation aiming for $0.138-$0.155, emphasizing the confirmation of higher highs alongside volume. Whale behavior indicates “quiet conviction.” Risk warning: be alert for a pullback to test the $0.104 support.
Note: This analysis is automatically generated by AI based on public data and on-chain monitoring, and is for information reference only.Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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