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Alibaba Token Turnover Jumps 79.68% as Supply Falls by 2,058

The Nov. 5 Robinhood Chain snapshot also showed BABA’s price up 6.29% and its holder-wallet count down by 49 to 6,353.

Updated 1 min read
An anonymous commuter checks a phone outside Robinhood Markets’ headquarters in Menlo Park, California. / EconoTimes.ai (mono)
An anonymous commuter checks a phone outside Robinhood Markets’ headquarters in Menlo Park, California. / EconoTimes.ai (mono)

Alibaba’s token on Robinhood Chain saw turnover rise nearly 80% in the Nov. 5 snapshot even as supply and holder-wallet numbers fell and its quoted price advanced.

Robinhood Chain data put BABA’s supply 2,058 tokens below the prior snapshot, a reduction valued at about $230,000. Robinhood Chain’s Nov. 5 reading logged $1.21 million in BABA transactions over 24 hours, a 79.68% rise from the prior snapshot.

BABA’s token quote stood at $110.34, 6.29% higher than in the previous reading. The latest snapshot listed 6,353 BABA-holding wallets, 49 fewer than the prior count. The quote was 4.8% above a $105.29 regular-market reference price, the same data showed.

The TTWO token’s latest reading paired a $210.90 quote, up 6.41%, with $86.88 million traded over 24 hours. Its holder-wallet count was 13,073.

An earlier Robinhood Chain reading recorded $4.42 million in Alibaba token turnover on Oct. 15, while its onchain value fell 3.2%.

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