GRAM drops 11% in an hour to $1.15 as $5.83M in longs are liquidated
- —GRAM lost 11.08% in an hour and 5.77% over 24 hours
- —Long liquidations hit $5.83M versus $243K in shorts
- —Price broke the $1.30 support that held since early August
- —September peak was $1.74, above the August high of $1.56
Why it matters: The break of multi-month support and long-heavy liquidations point to further downside risk for GRAM.
Source: TokenPost