$IOTX dropped below daily opening, which means all the volatility today was caused by low liquidity daytraders as usually! ✅️

Now low liquidity shortsellers and MMs try to collect free liquidity! ✅️

If you see growing hype on square by MEME coin influencers, then most probably local top is here and not good time for entry! 💡

Still, IOTEX is trending on socials and institutional demand today is at ATH and fueling up day-by-day, today was 0 institutional bought, but there are weekly boughts happening since january 2025! 🟢

NB! Institutions need IOTEX for their devices/machines and each new device connected means less token supply in circulation because of burnings! 🔥

$ETH is consolidating while $BTC is chasing liquidity! 📊

BTC dominance is nosediving and next local support is at 60%, then 55% and should drop down to 30-40% within next 12 months! 📉

IOTEX f.e was at 0.07usd while BTC dominance was at 55% in december 2024! 💡

#Whale.Alert #InstitutionalAdoption #WhaleJamesWynnWatch #BullishMomentum #bullish