Stellar’s XLM Tumbles 4% as Institutional Exodus Rattles Crypto Markets
Institutional investors just can't seem to hold their XLM bags—and the entire market is feeling the pressure.
The Great Unloading
Stellar's native token bled 4% today as major players dumped positions faster than a hot potato. The selling pressure crushed momentum across altcoin markets, proving once again that when whales move, retail gets soaked.
Market Mechanics Exposed
Institutional exits reveal the fragile foundations beneath crypto's shiny surface. While retail investors chase dreams of decentralization, the big money still calls the shots—pulling strings like Wall Street veterans at a country club lunch.
Another day, another 'stable' asset proving crypto's only constant is volatility. The institutions giveth, and the institutions taketh away—usually right from your portfolio.
Technical Indicators Summary
- Resistance established at $0.38 with elevated volume of 38.6 million indicating institutional selling pressure.
- Secondary resistance zone around $0.38 coincided with substantial volume activity of 18.6 million.
- Support levels emerged at $0.37 and $0.36 with high-volume defence during final trading hours.
- Technical breakdown below $0.37 psychological level confirmed bearish sentiment.
- Critical support breakdown occurred at 13:31 with elevated volume of 665,000.
- Zero volume at 14:07-14:08 suggests potential liquidity exhaustion.
- Pattern of lower highs and lower lows indicates sustained institutional distribution.
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