RUNE faces volatility after whale’s panic sell-off: What about recovery?

Quick Summary:

RUNE fell 15% but began recovery, with potential bottom at $4.50.

After failing to maintain its support at the ascending trendline, RUNE fell below the $5 level and subsequently stabilizing around $4.50.

As of press time, the whale had withdrawn 2.85 million RUNE, valued at approximately $12.35 Million, and sold a portion of it through ThorSwap for Bitcoin [BTC].

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Article Details

Author / Journalist: Lennox Gitonga

Category: Crypto

Markets: United States

Topics: News Social Altcoin Trading View Ambcrypto News 1

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-11-06 @ 05:00:36 (2 weeks ago)

News Timezone: GMT +8:00

News Source URL: ambcrypto.com

Language: English

Article Length: 558 words

Reading Time: 4 minutes read

Sentences: 28 lines

Sentence Length: 20 words per sentence (average)

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

Copyright Owner: © AMBCrypto

News ID: 23441898

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About AMBCrypto

Main Topics: Crypto

Official Website: ambcrypto.com

Update Frequency: 21 posts per day

Year Established: 2018

Headquarters: United States

News Last Updated: 8 hours ago

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