🚨 $LSK — THE SELL-SIDE PRESSURE IS STILL BUILDING.
On-chain activity shows the Team-linked wallet has continued sending LSK into Binance, with another 1.0M tokens ($464K) deposited 14 hours ago.
• Total deposited to Binance: 4.5M $LSK
• Remaining wallet balance: 4.7M $LSK ($2.1M)
That remaining 4.7M $LSK is still sitting in the wallet, creating a potential supply overhang if more tokens are moved to the exchange.
Any relief bounce could continue facing overhead pressure while this wallet remains active.
Stops locked deep in profit while letting the rest run.
Still watching the wallet flow closely. 👀
0x9c7Cd25907d9Deb3Bf9ec5Ee2c533Ce408f0C04D
On-chain activity shows the Team-linked wallet has continued sending LSK into Binance, with another 1.0M tokens ($464K) deposited 14 hours ago.
• Total deposited to Binance: 4.5M $LSK
• Remaining wallet balance: 4.7M $LSK ($2.1M)
That remaining 4.7M $LSK is still sitting in the wallet, creating a potential supply overhang if more tokens are moved to the exchange.
Any relief bounce could continue facing overhead pressure while this wallet remains active.
Stops locked deep in profit while letting the rest run.
Still watching the wallet flow closely. 👀
0x9c7Cd25907d9Deb3Bf9ec5Ee2c533Ce408f0C04D
