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$ZHIPU IN FREE FALL – 15.22% IN 24H – WHALE LONG BLEEDING $1M 🔥
The token has dropped 38% from its May peak and is now trading at $256.81, well below the bullish moving average of $277.4. A whale entered a $1.02M long at $268.58 on June 26 and is already sitting on a 24% unrealized loss.
With cornerstone unlock on July 8 tripling the free float and a secondary listing diluting further, the path of least resistance is still down. The next major liquidity target sits at $223.54, roughly 13% below current price.
Are you catching this falling knife or waiting for the unlock event to play out?
Not financial advice. Always manage your risk.
#ZHIPU #Bearish #Liquidation #CryptoCrash #FreeFloat
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The token has dropped 38% from its May peak and is now trading at $256.81, well below the bullish moving average of $277.4. A whale entered a $1.02M long at $268.58 on June 26 and is already sitting on a 24% unrealized loss.
With cornerstone unlock on July 8 tripling the free float and a secondary listing diluting further, the path of least resistance is still down. The next major liquidity target sits at $223.54, roughly 13% below current price.
Are you catching this falling knife or waiting for the unlock event to play out?
Not financial advice. Always manage your risk.
#ZHIPU #Bearish #Liquidation #CryptoCrash #FreeFloat
⚡
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