Dego Finance -52.20%: Liquidity Reserve Announcement and Whale Sell-Off Trigger Sharp Decline

1. Liquidity Shock and Whale Activity: DEGO’s 52.2% drop to $1.260 was triggered by a liquidity reserve announcement for USD1 on BNB Chain, prompting large-scale whale sell-offs and panic selling.

2. Volume Surge Amid Panic: 24-hour trading volume soared 246% to $85.02 million, with market cap dropping to $29.21 million, reflecting intense short-term volatility and heightened risk.

3. Bearish Breakdown: Price collapsed from $2.636 to $1.260, breaking major support levels; technical sentiment remains negative with risk of further downside, though minor stabilization is seen near $1.26.