B Token down 38%, is it affected by WLFI?

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On May 23, data shows that the Token B of BUILD is currently trading at $0.1873, a 37.9% decrease within 24 hours. Additionally, on-chain data reveals that addresses related to WLFI are selling Token B.

This sharp downward trend could be due to selling actions by large addresses, increasing selling pressure. This situation highlights significant volatility in the cryptocurrency market, which is common in cases of major value changes within a short period.

Investors need to closely monitor on-chain indicators and thoroughly analyze influencing factors to make wise investment decisions. Rapid market fluctuations emphasize the necessity of effective risk management.

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Disclaimer: The content above is only the author's opinion which does not represent any position of Followin, and is not intended as, and shall not be understood or construed as, investment advice from Followin.
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