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A whale wallet is gradually selling off, with 5 sell orders already executed, releasing a total of $15,500 in chips. If the price breaks below the key support level of $0.0085, it could trigger a chain reaction, leading to a further sharp decline.
It is crucial to stay highly alert to such large transactions. It is recommended to closely monitor this wallet's movements and tighten stop-loss orders. The market is prone to contagion effects at this sensitive point, and proactively implementing defensive strategies can effectively avoid risks.