Chiliz [CHZ], recently, witnessed a rise in price movements and activity. With a 27.20% increase over the past week, CHZ is now worth more than it was a week ago.
Furthermore, over 60% of the tokens are held by whales.Coinmarketcap data indicates that the trading volume for the token increased by about 50% in the last 24 hours.
The market cap has been impacted as well, rising well over 5% as of the time of writing. At press time, there were eight whales that collectively hold 67.18% of all CHZ tokens or 5.97 billion tokens.
The majority of these whales, or 49.7%, have their assets located at low-activity addresses. Only 17.48% are located in high-activity addresses.Read more on ambcrypto.com