#reef. — Panic Sell 🔽
Over the last month and a half we have seen active growth of REEF, quite significant, without any correction by more than 1500%🔼
And literally in 1 day , all the growth was swallowed up by panic selling, the price fell by more than 80%, from $0.01 to $0.0017🔽
That's because three different crypto wallets, all believed to belong to the same organization, panicked and sent 866 million REEF tokens worth $2.07 million to exchanges HTX, KuCoin, and Gateio. The whales' wallets lost $2.53 million, or 55%, as a result of these sales.
These whales now hold REEF worth only $204,000 and have a total unrealized loss of $270,000.
What do you think about REEF, is it worth buying?
