According to @EmberCN, a whale or institution that accumulated $LAYER at $0.75 a month ago has transferred 8.7 million $LAYER, valued at $11.14 million, to Binance at $1.26 per token, securing a profit of $4.63 million.

According to Mihir (@RhythmicAnalyst), LAYER is demonstrating strong performance with potential for reaching new highs. The specific resistance and support levels have been disclosed exclusively to M-Call subscribers, indicating strategic trading opportunities for those who have access. This suggests an upward trend that traders may want to observe closely. Source: Mihir (@RhythmicAnalyst) on Twitter.

According to Ai 姨, a new address 6NhBJ...Pvyk2 made a significant purchase of LAYER tokens worth $2.36 million at a cost of $0.7856 per token. The acquisition has already resulted in a floating profit of $228,000. This strategic entry aligns well with the recent market trend where major markets remain stable while new tokens show notable performance. LAYER, in particular, has risen by 8.63% in the past 24 hours, positioning itself prominently on the gainers' list.

According to Mihir (@RhythmicAnalyst), the cryptocurrency LAYER is showing signs of a breakout on the upside. Traders should consider monitoring the trading volume and momentum indicators to validate this potential breakout. The technical analysis suggests a bullish trend, which could present buying opportunities if confirmed by further market data.