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BFICGOLD

Iris-Gold Whales Dump 544 Tokens at 0.84 — Sell Signal

I see a large sell on the Iris exchange: 544 Iris-Gold were sold at the last price of 0.84. This looks like whale distribution and increases short-term selling pressure.

I’m cautious right now — concentrated sells like this often lead to further weakness or higher volatility until clear support appears.

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Analysis

A block sale of 544 tokens at 0.84 suggests meaningful supply hit the market; without significant buy-side absorption this likely pushes the price lower in the near term. The size relative to typical ...

Recommendation

Avoid opening new long positions and consider reducing exposure until the price finds support or buying volume steps in; monitor for follow-up sells or a volume-backed rebound.

Disclaimer

The Analysis and recommendations provided are for informational purposes only. Any investment decisions should be made at your own risk. Past performance is not indicative of future results. Always conduct your own research and consider consulting with a financial advisor before making any investment decisions.

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