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IOTA gains 14% with strong whale buying and rising market interest signaling more upside potential.

Technical Signals
29 May 2026
AMBCrypto
View Source
Bullish
pluang ai news

IOTA has risen 14% driven by strong whale accumulation and increased spot market buying, signaling growing investor confidence. Whale involvement outpaces retail, and spot net buying has reached $232,000, indicating sustained demand. Additionally, open interest in perpetual contracts surged 25% to $20.24 million with a positive funding rate, suggesting traders are increasingly taking long positions. These factors combined point to a likely continuation of IOTA's upward momentum in the near term, though some resistance may appear after a short rally.

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