Unusual Selling Activity on Binance - USDT Market!
Something shocking is happening in the $ACT market! In just 11 minutes, a staggering 3.03M USDT has been dumped into the market, pushing the price down by 6.04% to 0.2646 USDT!
Here’s why this is significant:
Massive Sell-Off: The huge 3.03M USDT sell order indicates serious market pressure, possibly causing more downward movement.
Big Price Drop: A 6.04% drop in such a short time suggests strong selling pressure and could mean more declines if the trend continues.
High Trading Volume: With 30.4M USDT in 24-hour volume, this is no small event.
The market is active, and the recent sell-off shows a lot of movement.
What’s next? The unusual selling could signal a potential downtrend for $ACT. It’s crucial to stay alert, as more selling might follow if market sentiment turns bearish.
Pro Tip: If you're in the $ACT market, now’s the time to be cautious.
The large sell-off could keep the price under pressure, and the market might stay volatile for a while. Keep watching closely!
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$ACT