Bittensor TAO Eyes $240 As Whale Buying Spree Heats Up

Bittensor made a strong move this week, pushing past the $202.50 price mark. Large holders, often called whales, are accumulating more tokens, which usually signals strong confidence from major players.

At the same time, market interest is growing with rising Open Interest. Traders are opening more positions, and volume is following suit. This combination of heavy accumulation and fresh market participation points to a bullish trend for TAO.

Now, traders are watching to see if the momentum can carry the price toward the next major target at $240. If market demand stays strong, the breakout could continue. However, a quick pullback is always possible if broader crypto market sentiment shifts.