Markets· ★★· bearish·

Useless Coin drops 13% as $1.68M token unlock adds selling pressure

  • —USELESS fell 13.19% in 24 hours as trading volume dropped 23.73%
  • —Coinbase Prime Custody unlocked 5.6 million USELESS worth $1.68 million
  • —1.53 million USELESS ($465K) went to Wintermute, 721K to Gate.io
  • —Spot netflow was about -$90,570, with key support at $0.29083
Why it matters: Holding the $0.29083 support keeps the recovery structure intact; a break below would expose $0.2345.
Source: AMBCrypto