{"id":7210,"date":"2025-08-08T10:55:20","date_gmt":"2025-08-08T10:55:20","guid":{"rendered":"https:\/\/bitunikey.com\/news\/story-protocol-price-eyes-new-ath-buoyed-by-upbit-listing-and-whale-buys\/"},"modified":"2025-08-08T10:55:26","modified_gmt":"2025-08-08T10:55:26","slug":"story-protocol-price-eyes-new-ath-buoyed-by-upbit-listing-and-whale-buys","status":"publish","type":"post","link":"https:\/\/bitunikey.com\/news\/story-protocol-price-eyes-new-ath-buoyed-by-upbit-listing-and-whale-buys\/","title":{"rendered":"Story Protocol price eyes new ATH, buoyed by Upbit listing and whale buys"},"content":{"rendered":"<div class=\"post-detail__content blocks\">\n<p class=\"is-style-lead\">IP price is up 14%, trading just 8% below its all-time high, fueled by its recent Upbit listing. However, as it nears ATH, the risk of a whale-driven sell-off looms large.<\/p>\n<p>Story Protocol (IP) price is surging, up 14% in the past 24 hours, with trading volume skyrocketing by over 800% \u2014 likely fueled by its recent <a rel=\"nofollow\" target=\"_blank\" href=\"https:\/\/x.com\/Official_Upbit\/status\/1953645302348755297\" target=\"_blank\">listing on Upbit<\/a>.\u00a0<\/p>\n<p>The price has broken above the key local resistance zone around\u00a0$6.20\u2013$6.30 and is currently trading at $6.76. It\u2019s now well above both the\u00a0EMA 7\u00a0and\u00a0EMA 20, with a bullish crossover between the two MAs and a widening gap, which signals building momentum.<\/p>\n<figure class=\"wp-block-image size-full\"><figcaption class=\"wp-element-caption\">Source: <a rel=\"nofollow\" target=\"_blank\" href=\"https:\/\/www.tradingview.com\/chart\/skYOuuO6\/?symbol=OKX%3AIPUSDT\" target=\"_blank\">TradingView<\/a><\/figcaption><\/figure>\n<p>Since bottoming at $2.44 on June 19, IP price has gained 173%, with a 30% single-day jump on July 11 \u2014 likely driven by two whale wallets (0x385D and 0xE0e6) <a rel=\"nofollow\" target=\"_blank\" href=\"https:\/\/x.com\/lookonchain\/status\/1943808078832664699\/photo\/1\" target=\"_blank\">scooping up a combined 1.67 million IP tokens<\/a> worth over $7.4 million. That explosive move triggered the EMA bullish crossover, kicking off an accumulation phase that fueled the rally to the current peak. <\/p>\n<p>Further momentum arrived on July 31, when Grayscale unveiled the Grayscale Story Trust, opening institutional channels for IP exposure. The announcement drove IP price to test the $6.60 resistance, but strong sell pressure capped the advance, resulting in a shooting star candle.<\/p>\n<p>    <!-- .cn-block-related-link --><\/p>\n<h2 class=\"wp-block-heading\">ATH or whale dump: what\u2019s next for IP?<\/h2>\n<p>Considering those catalysts and the current technical setup, IP price appears poised to make a new ATH, currently trading approximately 8% below the previous ATH of $7.33 reached in February \u2014 if it can sustain momentum above the $6.30 breakout zone. However, it appears a bit extended from the 20-day EMA, which may lead to\u00a0short-term pullbacks or consolidation. <\/p>\n<p>It\u2019s also worth noting that those whales who bought on July 11 are now up 30-40%, so if they are still holding, a sudden dump from them could trigger a sharp pullback or consolidation.<\/p>\n<p>    <!-- .cn-block-related-link --><\/p><\/div>\n","protected":false},"excerpt":{"rendered":"<p>IP price is up 14%, trading just 8% below its all-time high, fueled by its recent Upbit listing. However, as it nears ATH, the risk of a whale-driven sell-off looms&hellip;<\/p>\n","protected":false},"author":1,"featured_media":506,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[],"class_list":["post-7210","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-cryptocurrency"],"_links":{"self":[{"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/posts\/7210","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/comments?post=7210"}],"version-history":[{"count":1,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/posts\/7210\/revisions"}],"predecessor-version":[{"id":7211,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/posts\/7210\/revisions\/7211"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/media\/506"}],"wp:attachment":[{"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/media?parent=7210"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/categories?post=7210"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/tags?post=7210"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}