1. Large holders collectively dumping
On-chain data shows several whale addresses concentrated selling in the early morning
It may be early investors cashing out after unlocking tokens
2. Overall market sentiment is poor
Bitcoin also fell this morning, dragging down the entire AI sector
Many altcoins followed the market down
3. Negative rumors about the project
The community is circulating that there may be internal disagreements within the team
Some are also saying that the number of tokens unlocking next month exceeds expectations
4. Liquidity crisis
The trading depth of TAO was already insufficient
A few large orders directly broke the price
Don't rush to bottom-fish; let the bullets fly for a while
If you are already at a loss, don't sell at the bottom
