The move added to selling pressure that had already been building since the governance proposal moved to a Snapshot vote.
Aave falls 18% over week as dispute pulls down token deeper than major crypto tokens
The move added to selling pressure that had already been building since the governance proposal moved to a Snapshot vote.
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These flows represent a bullish bet on volatility rather than a downside hedge or outright bearish position.
Key support held at $0.21, tested at mid-session before high-volume reversal.
A sentiment index that tracks crypto markets changed to “fear” early Monday, suggesting a possible sign of a near-term local bottom.
The token briefly rallied to $2.1165 on increased volume before heavy selling erased gains, pulling TON back to key support levels around $2.02.