BEERCOIN

<ul><li>Large BEER whale dumped 5B tokens, highlighting market impact amid 30.98% price drop.</li><li>Whale retains 3.76B BEER post-sale, signaling continued interest despite the significant transaction.</li><li>BEERCOIN faces critical support at $0.00020 and $0.00018 amid high volatility and reduced trading volumes.</li></ul><a href="https://cryptotale.org/bitcoin-btc-hits-71k-gme-price-soars-amid-mixed-movements-in-top-assets/" rel="noopener noreferrer nofollow">BEERCOIN</a> (BEER) has recently witnessed a significant market event with a notable whale transaction that has stirred considerable interest among cryptocurrency investors. As highlighted by <a href="https://x.com/lookonchain/status/1801870015119114354" rel="noopener noreferrer nofollow">Lookonchain</a>, an onchain analytic firm, a large holder of BEER dumped a substantial amount, totaling 5 billion BEER tokens for $1.08 million in SOL (Solana). This transaction comes amidst a broader downtrend in BEER&#39;s price, which has seen a sharp 30.98% decline over the last day alone.<img src="https://lh7-us.googleusercontent.com/docsz/AD_4nXfgB4n59OMcplY_5NnIvu2WqI4p6mmU6uQjeVAc4y4Tp-U1Epagg43ZSONdZL4CO1D31FdZuDwNfDtiYdEN4Sseoe-8rgfinIP4CWHiGw_kcQGonxv8TLIwIciY-pcs-xpu3HaCESs9Mt8tQU-t2zvh3qk?key&#61;g97ujHFYhcXdj5KkTsjHyQ" />This downward trend started from $0.0003082, underscoring the bearish sentiment prevailing in the market. Such movements highlight the susceptibility of altcoins to rapid price shifts influenced by large-scale transactions.

BEERCOIN Faces Bearish Wave After $1.08M Whale Dump: Will $0.00021 Hold?

CryptoTale

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