On September 19, a hack rumor surrounding Banana Gun caused $BANANA to take a sharp dive, with its price plummeting by more than 10% in a short period. In response, a group of Smart Dex Traders (SDTs) quickly offloaded approximately $800K worth of $BANANA to mitigate potential losses. However, things began to turn around just a few days later. By September 23, SDTs resumed heavy buying, flooding the market with large volumes of buy orders, signaling renewed confidence in the token’s recovery. In addition, some notable wallet activity highlighted SDTs’ strategic movements. Wallet 0x4fdb, for instance, saw a staggering profit
The post Smart Dex Traders Eye $BANANA Amid Recovery After Hack Rumor appeared first on The Merkle News.
