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Whales Make Major Investments as $IP Reaches a New Peak of $14.92 Fueled by AI Growth

Whales Make Major Investments as $IP Reaches a New Peak of $14.92 Fueled by AI Growth

Bitget-RWA2025/09/23 05:03
By:Coin World

- Story Protocol's $IP token surged to $14.92, a 45% weekly gain amid broader crypto market declines. - Technical indicators (DMI +36.09, ADX >25) and $169.57M derivatives open interest confirm strong buyer momentum. - Whale accumulations ($7.4M in 15 minutes) and rising on-chain activity (333k daily transactions) signal conviction in $IP's value proposition. - AI-driven IP tokenization via platforms like Poseidon and Verio ($25M TVL) could expand $IP's utility beyond speculative trading. - Analysts cautio

Whales Make Major Investments as $IP Reaches a New Peak of $14.92 Fueled by AI Growth image 0

Story Protocol’s native token $IP has reached a record high of $14.92, achieving a 45% increase over the past week, handily outpacing the overall crypto market, which experienced a 2% drop in total value. This impressive price movement has been driven by a mix of favorable technical signals, expanding on-chain participation, and notable accumulation by large investors, raising questions about how long the current bullish trend can last.

Key technical indicators point to strong buyer dominance, with the Directional Movement Index (DMI) reporting a +DMI of 36.09 compared to a -DMI of 9.99, reflecting bullish momentum. The Average Directional Index (ADX) has also surpassed 25, confirming a strengthening upward trend. Meanwhile, derivatives market Open Interest (OI) hit an all-time high at $169.57 million, reflecting increasing trader involvement. The On-Balance Volume (OBV) for $IP has jumped 20% since September 16, showing sustained capital inflow and accumulation. Together, these indicators suggest that genuine demand, not just speculation, is fueling the rally Will Story (IP) Token Reach a $12 All-Time High in 2025? Price Insight [ 1 ].

Large holders have intensified the bullish outlook. On-chain data shows two major buys exceeding $7.4 million within just 15 minutes, with wallets 0x385D and 0xE0e6 purchasing 857,192 and 814,523 $IP tokens, respectively. Such significant buying from whales is often seen as a strong vote of confidence in the token’s future prospects.

Derivatives activity further underscores positive sentiment, with the long/short ratio at 1.01 at the time of writing, reflecting a preference among traders for long positions. This matches trends in the spot market, where buyers took control following a week of sideways action, as evidenced by a Buy-Sell Delta of 8.58k in favor of buyers. On-chain data also shows a resurgence in network use, with daily transactions climbing to 333,000—the highest in five months—and 9,200 active addresses.

Nonetheless, analysts warn that volatility is still a significant concern. While $IP could revisit support around $12.25 if profit-taking or wider market declines occur, persistent demand across futures, spot, and on-chain activity keeps the token poised to test its $14.92 high. The token’s performance also relies on ecosystem expansion, with liquid staking platforms like Verio now holding $25 million in TVL and 5 million IP tokens locked, bolstering the view of IP as a programmable asset for intellectual property rights.

The intersection of artificial intelligence and IP tokenization adds further intrigue. Story Protocol-incubated platforms like Poseidon are applying real-world data to AI use cases, while Verio’s staking structure seeks to decentralize IP verification. Such initiatives may broaden $IP’s use beyond speculation, potentially drawing long-term investors and institutional interest.

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Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

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