$MYX Unlock Day Bloodbath, Unlock Triggered A Short Squeeze, Then Crashed Over 50% From Highs
The post $MYX Unlock Day Bloodbath, Unlock Triggered A Short Squeeze, Then Crashed Over 50% From Highs appeared on BitcoinEthereumNews.com. On unlock day, markets turn savage. $MYX plunges 58% to a low of $0.9184. High above $2 just hours before. Panic sets in. Hack VC strikes fast. In the last seven hours, Hack VC claims 1,279,890 MYX from the airdrop claim contract at `0x92216267bFB526e4142d161Bb4D99C4b0e630530`. That haul clocks in at roughly $2.15 million. No hesitation. No second thoughts. First wave: 445,000 MYX heads to wallet `0x259Db7C69DE9bbbf86E82ba8AD0cc5064514FE57`. Sold on-chain. Proceeds: ~$747,000 at an average of $1.68 per token. They hit the bids. They lock in gains. Second wave: 835,000 MYX moves to MEXC via wallet `0x72FB6d06A5DB3931dd33Db2AfE676488c7cE5353`. Deposit price: $1.77. Value: ~$1.48 million. All rails clear. No drama. This looks coordinated. Timed or tactical, it lands exactly as $MYX records its steepest fall. Classic unlock-day play. The dump accelerates the slide. Bears feast. Market response is brutal. From a high above $2, $MYX rocks down to $0.80. It’s a 58% wipeout. Right now, price bounces back to $1.70. Traders hunt for bargains. But confidence is shaken. $MYX Price Action To Monitor On CoinMarketCap, $MYX Finance trades at $1.84, with a 24-hour volume of $266.9 million and a market cap of $289.8 million. It sits at rank #161, floating among mid-caps with thin order books awaiting the next catalyst. Social feeds ignite. On X, EyeOnChain calls it an “Unlock Day Unleashes Bloodbath.” Traders rage. “VC dump,” they tweet. Some cry “rug unlock.” Others tag it “market clearing.” Few defend it as healthy shakeout. Hack VC goes radio silent. No tweets. No AMAs. Their socials dark. Rumors swirl. Was this risk management? Or straight profit grab? Either way, it sets the tone for token unlocks ahead. On-chain analytics spot more big wallets stirring. Several move tokens into sell walls under $1. That spells danger for late buyers. Trap zones form. Only aggressive buys at $1.50–$1.80…
The post $MYX Unlock Day Bloodbath, Unlock Triggered A Short Squeeze, Then Crashed Over 50% From Highs appeared on BitcoinEthereumNews.com.
On unlock day, markets turn savage. $MYX plunges 58% to a low of $0.9184. High above $2 just hours before. Panic sets in. Hack VC strikes fast. In the last seven hours, Hack VC claims 1,279,890 MYX from the airdrop claim contract at `0x92216267bFB526e4142d161Bb4D99C4b0e630530`. That haul clocks in at roughly $2.15 million. No hesitation. No second thoughts. First wave: 445,000 MYX heads to wallet `0x259Db7C69DE9bbbf86E82ba8AD0cc5064514FE57`. Sold on-chain. Proceeds: ~$747,000 at an average of $1.68 per token. They hit the bids. They lock in gains. Second wave: 835,000 MYX moves to MEXC via wallet `0x72FB6d06A5DB3931dd33Db2AfE676488c7cE5353`. Deposit price: $1.77. Value: ~$1.48 million. All rails clear. No drama. This looks coordinated. Timed or tactical, it lands exactly as $MYX records its steepest fall. Classic unlock-day play. The dump accelerates the slide. Bears feast. Market response is brutal. From a high above $2, $MYX rocks down to $0.80. It’s a 58% wipeout. Right now, price bounces back to $1.70. Traders hunt for bargains. But confidence is shaken. $MYX Price Action To Monitor On CoinMarketCap, $MYX Finance trades at $1.84, with a 24-hour volume of $266.9 million and a market cap of $289.8 million. It sits at rank #161, floating among mid-caps with thin order books awaiting the next catalyst. Social feeds ignite. On X, EyeOnChain calls it an “Unlock Day Unleashes Bloodbath.” Traders rage. “VC dump,” they tweet. Some cry “rug unlock.” Others tag it “market clearing.” Few defend it as healthy shakeout. Hack VC goes radio silent. No tweets. No AMAs. Their socials dark. Rumors swirl. Was this risk management? Or straight profit grab? Either way, it sets the tone for token unlocks ahead. On-chain analytics spot more big wallets stirring. Several move tokens into sell walls under $1. That spells danger for late buyers. Trap zones form. Only aggressive buys at $1.50–$1.80…
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