LINEA Price Risks New All-Time Low at $0.019 as Smart Money Exits En Masse
LINEA teeters on the brink of catastrophe as institutional players pull the plug.
Mass Exodus Triggers Freefall
Smart money isn't just leaving—it's sprinting for the exits. The $0.019 support level crumbles under relentless selling pressure, putting the project's entire valuation at risk. Whales dump positions while retail investors watch their portfolios evaporate.
Technical Breakdown Accelerates
Every resistance level shattered like cheap glass. The charts show nothing but red candles and broken dreams. Trading volume spikes—but only on the sell side. This isn't a correction; it's a full-scale liquidation event.
Market Psychology Turns Toxic
Fear dominates every discussion. Telegram groups fill with panic while Twitter analysts suddenly discover bearish patterns they'd ignored for months. The so-called 'community' now resembles a digital burning building.
Just another day in crypto—where your investment can become someone else's exit liquidity faster than you can say 'decentralized finance.'
Smart Money Exit Aligns With Bearish Breakdown
On-chain data shows that smart money wallets cut their LINEA holdings by nearly 85% in the past 24 hours, trimming 23.9 million tokens (almost $598,000 at $0.025) and leaving just 4.37 million. This exodus coincided with the breakdown of a head-and-shoulders formation, a bearish structure we’ll return to later.
The timing suggests these investors spotted the risk early and reduced exposure before deeper losses.
Despite that exit, exchange balances have also dropped by 36.4 million LINEA ($910,000 at $0.025) in the same period. Outflows from exchanges usually hint at steady buying pressure.
But this pressure is not broad-based: top 100 wallets — the so-called megawhales — added 157.4 million tokens ($3.9 million at $0.025), propping up the market while both retail and smart money reduced exposure. In short, LINEA is being held afloat almost entirely by its largest holders. But the question is: for how long?
Buying Pressure Isn’t Convincing
The Money FLOW Index (MFI), which tracks money moving in and out by combining price and volume, helps explain why the buying from mega whales is not lifting confidence.
Since September 15, as LINEA’s price corrected, MFI has been trending lower. A rising MFI usually means strong dip-buying; a falling MFI signals weak demand or buyers chasing rallies.
Here, the divergence is clear. Even though net exchange outflows confirm tokens are leaving platforms, MFI shows wallets are not supporting dips but instead buying into short-term rises (as shown by short-lived MFI spikes), likely flipping for swing trades.
This disconnect underscores the fragility of the buying pressure.
Bearish Pattern Sets the LINEA Price Target
The technical picture reflects the same weakness. The LINEA price has already broken down from a head-and-shoulders pattern, a setup that often marks a reversal from uptrend to downtrend. The neckline break on September 16 lined up with the smart money exit, reinforcing the bearish case.
The breakdown projects a downside target near $0.019, which WOULD mark a fresh all-time low. For any recovery, LINEA must first reclaim $0.029 to weaken the bearish tone and then push above $0.033 to reestablish bullish momentum.
Until then, the combination of smart money leaving, retail selling, and a weakening MFI keeps risks tilted firmly downward.