BONK Drops 14% as Institutional Selling Accelerates in Risk-Off Environment
Main Idea
The browser verification process was unsuccessful.
Key Points
1. Browser verification failed.
Description
BONK, a Solana-based meme token, slid 14% in the last 24 hours, falling from $0.000035 to $0.00003096 . The token experienced elevated volatility, with trading volume exceeding 2.39 trillion BONK, suggesting aggressive repositioning among institutional participants. Market resistance was established early around the $0.000036 level, where sell-side pressure surged, coinciding with order book data showing institutional liquidations totaling more than 2.6 trillion tokens, according to CoinDesk Res...
$SOL
$181.86
-2.21%
$QNT
$119.50
-4.36%
$BONK
$0.000028627
-12.70%
Latest News
- Asia Morning Briefing: SEC's In-Kind BTC, ETH ETF Redemption Shift Happened Years Ago in Hong Kong2025-07-30 02:14:59
- MARA Shares Jump as Q2 Revenue Beats Wall Street's Expectations Thanks to Surging BTC Price2025-07-29 23:10:24
- Tornado Cash Developer Roman Storm Will Not Take the Stand, Lawyers Say2025-07-29 22:16:29
- Samourai Wallet Devs Expected to Plead Guilty to Money Laundering Charges2025-07-29 21:23:29
- Michael Saylor's Strategy Makes Massive $2.4B Bitcoin Purchase With Preferred Stock Sale Proceeds2025-07-29 21:21:43