TRB Plunges 19.74% Amid $5.56M Liquidations, Bearish Momentum Follows Volatile Price Correction

Tellor (TRB) is currently trading at $41.18 with a 24-hour trading volume of approximately $218.5 million and a market capitalization of about $109.35 million, reflecting a sharp 19.74% price decline from the previous day’s open of $51.31. The significant drop in TRB’s price over the last 24 hours is attributed to heightened market volatility following a recent surge and subsequent correction, as well as $5.56 million in TRBUSDT liquidations reported on May 31, 2025, which likely intensified sell-side pressure. Recent bullish sentiment and price forecasts for June were tempered by this rapid reversal, with short-term outlooks now indicating continued bearish momentum as traders react to the swift price movement and liquidation events.