📉 $WCT in Freefall: Whale Dumps & Panic Selling 📉

WalletConnect Token plunged 37.3% in 6 hours—now the #1 most-searched coin on Binance. Why?

💥 GSR Markets just deposited 4M WCT (~$1.6M) to Binance, fueling major sell pressure.

💬 Binance warns: “Moves from players like GSR can have serious price impact.”

⚠️ What’s Happening:

• Total 7M WCT deposited today

• 2.5M token unlock (0.25% supply) due June 26

• $WCT trending on social media as panic spreads

🎯 Key Levels to Watch:

• Support: ~$0.285

• Next level down: $0.250 psychological zone

• Rebound possible only if volume cools & unlock selling subsides

🚨 Caution: Not a dip to blindly buy—volume & whale flows still red-hot.

#wct #WalletConnect #WhaleWatch #cryptocrash #BinanceSquare