⚡ $POWER chia 10 only after 24h – but the team is still silent?
Only within 24 hours, $POWER has lost more than 90% of its value from the peak. What’s notable is that at this point, the project still has not made any moves or official announcements.
📉 Notable on-chain data:
• A whale (or related wallet cluster) has dumped around 5–10 million $POWER
• Equivalent to 10–20 million USD at the peak price of $2
• The dumping occurred during the first 24–48 hours
Such a large selling volume is enough to break the price structure, leading to a chain panic effect.
🤔 The questions raised:
• Is this a normal profit-taking action?
• Or are there signs of insider selling?
• Why has the team not spoken up to reassure the community?
Anyone who entered at the peak must be really “on a distant island” now…
DYOR. Capital management is always more important than FOMO.
Only within 24 hours, $POWER has lost more than 90% of its value from the peak. What’s notable is that at this point, the project still has not made any moves or official announcements.
📉 Notable on-chain data:
• A whale (or related wallet cluster) has dumped around 5–10 million $POWER
• Equivalent to 10–20 million USD at the peak price of $2
• The dumping occurred during the first 24–48 hours
Such a large selling volume is enough to break the price structure, leading to a chain panic effect.
🤔 The questions raised:
• Is this a normal profit-taking action?
• Or are there signs of insider selling?
• Why has the team not spoken up to reassure the community?
Anyone who entered at the peak must be really “on a distant island” now…
DYOR. Capital management is always more important than FOMO.