$FET has dropped to a 4-month low, trading at $0.972, following significant whale sell-offs.

Over $25 million worth of FET tokens were sold by large holders (10M-100M FET) in under a week, leading to a 7% price decline.

This increased selling pressure has overwhelmed buying demand, pushing the price down further.

The negative weighted sentiment of -0.41 reflects pessimism in the market.

If the bearish trend continues, FET could decline to $1.02 or even $0.70.

However, a shift in sentiment could push the price back up to $1.29.

$FET #DeepSeekImpact #deepspeek #Write2Earn #BinanceAlphaAlert

FET
FETUSDT
0.2432
+1.46%