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Crypto

Corus Amasses $34.95M Profit on $EDEL Tokens, $EDEL Price Soars 750% in Two Months

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HYPE
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Whale investor Corus has made a significant profit of $34.95M on the Hyperliquid platform, accumulating 7.14M $EDEL tokens in the process.

The trader spent $200K buying up $EDEL, which has surged 750% over the past two months.

Currently, the price of $EDEL is $0.05, and it's trading inside the Bollinger Bands on the 4h chart.

Technical analysis suggests that the price may experience a healthy retracement towards the 50-EMA support before continuing its upward trend.

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