The price has crashed over 80% from its ATH of $WLFI , with strong support at 0.054 confirmed multiple times. The 4-hour RSI has exited the oversold zone, and trading volume is increasing, indicating that the downward momentum has been fully released.
A total of 3 billion tokens have been burned, the UFC event sponsorship is a catalyst, and the Binance USD1 ecosystem continues to release positive news.
Whales are withdrawing large amounts from CEX and locking them up, leading to a tightening supply on exchanges and gradually reducing selling pressure.
Top-tier whales are accumulating tens of millions of tokens at a low average price of 0.058, while long-term holding addresses are increasing, diverging from retail sentiment.
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