ChainOpera AI (COAI) is currently experiencing a dramatic resurgence, marked by a significant price recovery and an explosion in market activity. This renewed interest is driven by a powerful combination of surging speculative demand and substantial accumulation from major holders, painting a compellingly bullish picture for the digital asset.
Unprecedented Market Momentum and Speculative Influx
COAI has made an impressive comeback, skyrocketing from a low of $4.3 to a local high of $16.7, currently trading around $16.47 and registering a remarkable 70% gain in just 24 hours. This explosive growth is underpinned by a 69% surge in its market cap to $3.16 billion, signaling considerable capital inflows. The derivatives market reflects this enthusiasm, with Open Interest leaping by 98% to over $205 million and Derivatives Volume climbing 21% to nearly $3.2 billion. A critical net inflow of $52.19 million, a staggering 632% increase, indicates aggressive new buying positions and increased leverage, further solidified by a bullish Long/Short Ratio of 1.055 among traders.
Whale Accumulation Fuels Confidence Amidst Growth
Beyond the speculative fervor, fundamental indicators highlight robust confidence in COAI. The platform's user base has witnessed explosive expansion, with the total number of holders now surpassing 54,221. Crucially, on-chain data reveals significant whale activity: the top 10 wallets alone control nearly 88% of the supply and have been consistently accumulating tokens. Furthermore, the top 100 addresses command 94% of the supply, underscored by a massive 89,691% rise in token inflow to exchanges over two weeks. Historically, such concentrated whale accumulation often precedes major price breakouts, strengthening the bullish sentiment and suggesting potential for further upward movement, although a sharp pullback remains a risk if speculative euphoria fades.
