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POL risks dropping to $0.20 as whale sell-offs intensify

AMBCrypto LogoAMBCrypto1w ago

POL risks dropping to $0.20 as whale sell-offs intensify - AMBCrypto

Quick Summary:

Lack of confidence in POL has triggered heavy selling from major holders, casting doubt over the asset’s price stability.

This imbalance highlighted the prevailing bearish momentum, with a higher number of long trades being liquidated.

Liquidation data on Coinglass further reflected this bearish sentiment: only $24.98K in short contracts have closed, while closed long contracts have surged to $685.75K.

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POL risks dropping to $0.20 as whale sell-offs intensify - AMBCrypto (Picture 1)POL risks dropping to $0.20 as whale sell-offs intensify - AMBCrypto (Picture 2)

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Article Details

Author / Journalist: Olayiwola Dolapo

Category: Crypto

Markets:

Topics:

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-11-14 @ 07:00:52 (1 weeks ago)

News Timezone: GMT +8:00

News Source URL: ambcrypto.com

Language: English

Article Length: 462 words

Reading Time: 3 minutes read

Sentences: 24 lines

Sentence Length: 20 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © AMBCrypto

News ID: 23581469

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About AMBCrypto

AMBCrypto Logo

Main Topics: Crypto

Official Website: ambcrypto.com

Update Frequency: 20 posts per day

Year Established: 2018

Headquarters: United States

News Last Updated: 9 hours ago

Coverage Areas: United States

Ownership: Independent Company

Publication Timezone: GMT +8:00

Content Availability: Worldwide

News Language: English

RSS Feed: Available (XML)

API Access: Available (JSON, REST)

Website Security: Secure (HTTPS)

Publisher ID: #103

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The story "POL risks dropping to $0.20 as whale sell-offs intensify" was covered 1 weeks ago by AMBCrypto, a news publisher based in United States.

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AMBCrypto is a fully independent (privately-owned) news outlet established in 2018 that covers mostly crypto news.

The outlet is headquartered in United States and publishes an average of 20 news stories per day.

It's most recent story was published 9 hours ago.

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  • News ID: #23581469
  • URL: https://beamstart.com/news/pol-risks-dropping-to-020-17315682122576

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