Whale Games Behind Trove Project Funding

Trove's ICO funding amount has attracted attention—officially announced to be approximately $11.4 million. But what’s truly interesting is the subsequent market reaction.

During the funding process, as large buyers gradually built positions, market expectations suggested that the total funding could exceed $20 million. In just 20 minutes, the changes in funding targets vividly reflected the whales' assessment of the project's prospects. This rapid data fluctuation often indicates that major investors are adjusting their views on the project's valuation and market opportunities. The funding trends during the ICO stage have always been an important window into institutional investor confidence.