VINE Faces Potential 50% Drop Despite Whale Accumulation

VINE's market outlook appears precarious as on-chain data reveals a stark divergence between whale accumulation and retail selling. The top 100 addresses increased holdings by 3.27% in 24 hours, yet exchange balances ROSE 3.03%—indicating retail investors are preparing to offload tokens.

Technical indicators paint a concerning picture. The Chaikin Money FLOW (CMF) has dipped to -0.14, suggesting selling pressure outweighs whale buying. This comes despite Nansen data showing whale wallets alone boosted positions by 2.22%.

Market structure appears unstable as whale support fails to counterbalance retail exodus. The fading momentum raises questions about whether current buy-side activity can sustain prices, with technical setups suggesting potential for significant downside.