Reef (REEF), which is also listed in futures on Binance, recorded a 58% fall at the moment. With this autumn, the altcoin fully erased the total upward push it had skilled in the closing month in a single day.
As Bitcoinsistemi.com, we wrote about REEF on October 10, when the Alphractal prognosis company warned of a probable correction in tag.
According to the concepts, three diversified cryptocurrency wallets thought to belong to the the same group anxious and sent 866 million REEF tokens worth $2.07 million to the HTX, KuCoin and Gateio exchanges. With these gross sales, the whale wallets lost $2.Fifty three million, or 55%.
These whales now inspire most efficient $204k worth of REEF and possess a total unrealized lack of $270k.
The REEF tag has fallen by 67% in the closing week. The altcoin is now not listed on the verbalize market on Binance, nonetheless is on hand for purchasing and selling on the futures side.
*This is now not investment recommendation.
