$IOST just dropped -11.9% in the last hour (+16.8% over 24h)
IOST now $0.00109
honestly, that’s a sharp reversal, tbh. My read: it could be liquidations and crowded leverage unwinding after the pump, though I’d also check for fresh news around IOST (per Binance). I’m not touching this yet; I’d wait for volatility to cool and see whether buyers actually hold the rebound.
Are you seeing real spot demand here, or mostly leverage getting flushed?
Sharing my read, not advice. DYOR.
IOST now $0.00109
honestly, that’s a sharp reversal, tbh. My read: it could be liquidations and crowded leverage unwinding after the pump, though I’d also check for fresh news around IOST (per Binance). I’m not touching this yet; I’d wait for volatility to cool and see whether buyers actually hold the rebound.
Are you seeing real spot demand here, or mostly leverage getting flushed?
Sharing my read, not advice. DYOR.
