Nansen Reveals Over 350K Unique Wallets Hold Treasure DAO’s MAGIC

• Nansen offered detailed analysis on MAGIC performance in recent times.
• Early MAGIC miners constitute a significant portion of the token holders in the network.
• Not all Bear Market MAGIC Accumulators can boast of profit with the current MAGIC price.

Nansen, the blockchain analytic tool that provides insight into cryptocurrencies, DeFi, and NFT has provided information about the recent performance of MAGIC, the native token of the blockchain gaming protocol, Treasure DAO. In a Twitter thread, Nansen provided details about the activities of some whale addresses in the Treasure DAO ecosystem.

6/ Another "Bear Market $MAGIC Accumulator" 0x358 entered and exited within a span of 5 days

And they might be related to BTC12 Capital pic.twitter.com/Jaj3wBwZAt

— Nansen (@nansen_ai) March 7, 2023

According to Nansen, there are over 350,000 unique addresses holding MAGIC, the cryptocurrency which was listed on Binance on December 12, 2022. The analytic platform also revealed that early MAGIC miners represent a significant portion of the large token holders in the gaming network. The early MAGIC miners include the top 200 stakers of MAGIC in the Genesis Pool between Oc…

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