$LUNC /USDT - Panic Selling or Smart Money Move?
Terra Luna Classic ($LUNC ) continues its downward slide, extending losses beyond 10% this week. The bearish momentum is fueled by:
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๐น Massive Wallet Transfers โ Large sums of $LUNC are being moved to exchanges like Binance, Bitkub, Kraken, and Cryptex, increasing selling pressure.
๐น DeepSeekโs Market Impact โ The rise of the Chinese AI startup DeepSeek triggered a stock market selloff, dragging crypto down alongside major players like BTC and ETH.
๐น Liquidity Shifts & Staking โ A surge in fund transfers has sparked a consolidation phase, but concerns remain over potential unstaking and further dumps.
๐ก Traders Beware: The uncertainty in price action calls for cautionโstay alert for potential recovery signs or deeper corrections ahead.