The proportion of wallets holding over 10 million USD in HBAR increased from 81.72% to 87.56% within just six days, indicating robust demand from these large holders. This significant accumulation suggests they expect prices to rise further.
Currently, HBAR is trading above 0.23 USD. The Chaikin Money Flow has cooled off but remains poised for bullish momentum, indicating potential for a further price rally. Maintaining the 0.23 USD support is crucial for reaching the next target of 0.29 USD.
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