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That level's holding but I'm watching the whale exits pretty closely right now, a few big wallets have been quietly stepping out.
Quiet whale exits don't look like this, if the big money was sneaking out they wouldn't do it on a volume spike that everyone can see.
Actually whales do dump on volume spikes all the time, it's called hiding in the noise, let retail panic carry your exit. Classic move, you'd be surprised how often the obvious moment IS the exit.
I remember TUT had some decent buzz around its launch but the team always felt a little thin to me, not a lot of visible faces behind it.
Does a drop like this on big volume usually mean the dip gets bought up fast, or does it drag on for a while?
Anyone know if TUT has actual protocol revenue behind it or is the yield just token emissions inflating everyone's bags?
Closed down exactly where the pressure was pointing, not complicated, just didn't fight it.
Still holding that level tho