SWELL Falls Over 60% in 24H on Aevo's Pre-Market, Possibly Due to Early Hedging by Airdrop Users
On October 10, Aevo data showed that Swell Network (SWELL) fell more than 60% in 24 hours on the platform's Pre-Market, and is currently trading at $0.235 with an FDV of $2.35 billion.
Earlier today, Swell Network opened a short sale inquiry page, and the decline in the Pre-Market may be due to short sellers selling their hedges early.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
Solana blockchain TVL drops to around 11.1 billions USD
The total value locked in Base bridge exceeds 2.67 million ETH
Strategy founder predicts bitcoin will reach $150,000 by the end of the year
OpenAI is expected to spend $115 billions on increasing server investment by 2029.
Trending news
MoreCrypto prices
More
