XLM Rocked by Wild Swings as Institutional Dumping Hammers Price
Stellar's XLM just got thrown into the crypto blender—institutional sell-pressure triggered a volatility explosion that's rattling even seasoned traders.
Whales Are Bailing
Big money moved out, fast and hard. That kind of volume doesn't slip through quietly—it echoes across every chart and sets retail nerves on edge.
Market Whiplash
Rapid-fire orders slammed the books. Bid stacks got chewed up, liquidity thinned out, and the spread gaped like a canyon. Classic institutional behavior—efficient, emotionless, and absolutely brutal for anyone caught on the wrong side.
Not even the so-called 'smart money' can time this chaos perfectly—but hey, at least their fees are tax-deductible.
Technical Indicators
- XLM retreated 3% from $0.39 to $0.38 during the previous 24-hours from 14 September 15:00 to 15 September 14:00.
- Trading volume peaked at 101.32 million during the 08:00 hour, nearly triple the 24-hour average of 24.47 million.
- Strong resistance established around $0.395 level during morning selloff.
- Key support emerged near $0.375 where buying interest materialized.
- Price range of $0.019 representing 5% volatility between peak and trough.
- Recovery attempts reached $0.383 by 13:00 before encountering selling pressure.
- Consolidation pattern formed around $0.380-$0.381 zone suggesting new support level.
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