🔥 $MASK Giant Whale Cashes Out 2 Million USD! Is it a Bottom-Buying Opportunity or a Panic Signal?
MASK recently experienced a "roller coaster" market, plunging 52% in a single day. A mysterious giant whale seized the opportunity to sell 3.26 million tokens (worth 2.01 million USD) to Binance, triggering panic in the market. The current price is $1.88, but 3.26% of the circulating supply is being concentrated in sell-offs, leading to heavy short-term selling pressure.
Giant Whale Takes Profit: After large holders cashed out, on-chain data shows signs of capital outflow.
Emotional Low Point: The community is discussing "Main Force Retreat," and panic sentiment may trigger follow-up sell-offs.
Long/Short Game: After the crash, some investors began placing orders around $1.5 to ambush a rebound.
Operational Strategy
Short-term: Beware of a second bottom test; if it breaks below the $1.7 support level, it may accelerate the decline.
Medium-term: Observe changes in exchange holdings; if large buy orders accumulate or reversal signals appear.
Long-term Positioning: If the project team releases positive news about ecological partnerships, below $1.5 can be a phased accumulation.
🚨 Warning: Current volatility is above normal levels; contract players must be vigilant against pinning events!
Today is the weekend; market funds will flow into strong altcoins and the Alpha sector. Qi Jie advises friends that currently, altcoins can only be traded in waves; don't aim too high!!!