"Why is LAYER Crashing? Here's the Real Reason!
🚨 Whale Moves + Token Unlock = Price Drop 📉
$LAYER took a hit today, and here’s why: A massive token unlock is coming on May 11 — around 27 million tokens (13% of the total supply) will hit the market. That kind of supply spike often leads to sell-offs. $LAYER
One big whale saw it coming and started selling and shorting early, triggering the decline. The market was already overbought, so when traders began taking profits, the drop got sharper. Add in the sluggish overall market, and you’ve got the perfect storm for a pullback. #layer #CryptoTransparency #BTCBackto100K
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