sell
Massive sell pressure on Iris Exchange driven by whales with Iris-Gold at 0.84
I’m seeing a massive sell pressure on Iris Exchange, driven by whales, with 1,026 Iris-Gold being liquidated at the latest price of 0.84.
The presence of large offload size indicates strong selling momentum and potential liquidity concerns at the current level.
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Analysis
The observation points to a high-volume sell scenario on Iris-Gold, which can reflect diminished buying interest or a shift in market sentiment. Large trades from whales often create short-term price ...
Recommendation
Given the current whale-led sell activity, consider adopting a cautious stance: avoid aggressive long entries until price stabilizes and the order book shows sustained demand.If you already hold Iris-...
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.