$FLOW CRASH ALERT – WHAT JUST HAPPENED?AMEX:FLOW just got destroyed, dropping over 52% in 24 hours.
Price action
High: $0.174
Low: $0.079
Current: ~$0.10
Major Red Flags Today:
🔹 Upbit & Bithumb Suspended Deposits and Withdrawals
🔹 South Korea’s DAXA Issued a Trading Risk Warning
🔹 Flow Foundation confirmed they are investigating a potential security incident on the Flow network
What On-Chain Data Shows:
🔹 Top 100 holders Reduced Holdings by ~2.79M FLOW
🔹 No Smart Money Accumulation signal
🔹 Heavy Selling by Public Wallets During Peak Hours
🔹 ~1.69M FLOW moved to Exchanges (Selling Pressure)
🔹 Late buyers Jumped in During the Crash, Not Before
Market Behavior:
🔹 Panic selling dominated
🔹 Whales appear to have distributed near highs
🔹 Some wallets aggressively bought the dip amid fear
🔹 Reports of a large whale dumping on DEXs
Uncertainty Remains:
🔹 Cause of the “security incident” is still unclear
🔹 CEX suspensions increase fear and volatility
🔹 Short-term sentiment remains extremely bearish
This Move Was Driven by Fear, Uncertainty, and Heavy Selling Pressure. Until Clarity Comes from the Flow Foundation, Risk Remains Very high.
Investors are Waiting for clear Answers from Flow Blockchain
Trade Carefully. Volatility is Brutal Right Now.
NFA & DYOR
