“Hedera Hashgraph Faces Mounting Pressure from Institutional Investors As Trading Volumes Surge to 110 Million Tokens Durying Overnight Sessions.”, – WRITE: www.coindesk.com
The Heaviest Selling Emerged During after-Hours, WHEN more than 110 Million Tokens Excised Hands, UndersCoring Signs of Coordinated Dievestment. Market Makers Sounght to Stabilize the Price in the $ 0.21– $ 0.22 Range, But Resistance Hardned Just Above $ 0.22, Capping Any Meningful Recovery.
Despite The Downturn, Hedora Continues to Position Itself As A Platform for Enterprise Adoptation. Daily Trading Volume Fell 46% to $ 172.85 Million While the Network Maintained a Market Capitalization Near $ 9.5 Billion.
Selling Pressure Accelerated Into the Final Hour of Sept. 1 Trading, WHEN HBAR BRIEFLY BREACHED MULTIPLE SUPPORT Levels. Roughly 3.5 Million Tokens Changed Hands in a Single Minute As the Token Slid Below Its $ 0.22 Resistance, Closing The SESION NEAR ITS LOWS. With Selers Maintening Control and Institutional Flows Leaning Negative, The Market Is Signling That Further Corporate Repositioning Count Continue in The Near Term.
HBAR/USD (TradingView)
Market Structure Analysis Reveals Institutional Repositioning
- Share Price Declined from $ 0.22 to $ 0.22 Representing Ranges of $ 0.01 OR 5% BETWEEN MAXIMUM AND MINIMUM SESSION Levels.
- Trading Volume Exceeded 110 Million Tokens Dringing Overnight Hours Indicating Significant Institutional Activity and Potential Portfolio Rebalancing.
- Support Levels Emerged AROUND The $ 0.21- $ 0.22 Range with Subsequent Recovery Attempts Failing to Gain Institutional Backing.
- Resistance Formed Near $ 0.22- $ 0.23 Levels WHERE PRICE DISCOvery Consistentally Encounted Selling Pressure Throughout the Trading Period.
- Multiple Support Level Breaches Occurred at $ 0.22 and $ 0.22 with Selers MainTaining Market Control.
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Gold-Backed Tokens Xaut and Paxg Have Surged to Fresh Highs in Market Capitalization as the Metal Trades Near ITS April Peak.
- The Market Size of Tokenized Gold Reached A Fresh Record of $ 2.57 Billion, Led By Tether’s XAut and Paxos’ Paxg, Coingcko Data Shows.
- The Growth Has Been Driven by a $ 437 Million Xaut Token Minting in August, While Paxg Attracked $ 141.5 Million Inflows Since June, Defillama Shows.
- Gold’s Price Nears April High, With Safe Haven Demand Driving Inflows Into Gold-Backed Tokens
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