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USELESS Token Faces Sell-Off Pressure as Early Investors Cash Out
USELESS Token Faces Sell-Off Pressure as Early Investors Cash Out
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BTCCSquare news:
The USELESS meme token is teetering on the edge of a breakdown as its price stagnates NEAR $0.28. On-chain data reveals a troubling exodus of smart money, with nine of the top ten wallets already realizing substantial profits. One address has banked $1.19 million, while others follow with six-figure gains—all from initial buys between $0.008 and $0.09.
Holder concentration exacerbates the risk. The top 10 wallets control 20% of the supply, including a single address holding $7.99 million worth. Such whale dominance often precedes violent sell-offs. Real-time transaction feeds confirm the trend, showing relentless selling pressure with only sporadic buy attempts.
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