🚨 $CFX Price Plummets 20%—Is the Bull Run Over?

The CFX market is flashing red! ⚡️ After a promising run, Conflux (CFX) just experienced a brutal 20% price drop, with traders now panic-selling.

This sharp decline follows a large whale wallet transfer of over 50 million $CFX to exchanges, signaling a potential large-scale sell-off. 🔥 My take: This could be a liquidity grab before the next leg up, but the immediate pressure is heavy.

Key Points:

Sudden Drop: The price fell from $0.45 to $0.36 in a matter of hours.

Whale Activity: A major transfer to Binance and OKX preceded the crash, spooking the market.

Technical Breakdown: $CFX has broken below its key $0.40 support level. The next critical support is at $0.32.

Is this a massive shakeout to trap bears, or is the bullish momentum truly gone? 🤔

#CFX #conflux #crypto #ListedCompaniesAltcoinTreasury #RedSeptember