Bearish Flag On $ILV/USDT As Major Sell-Off Causes Price Drop
A bearish flag pattern has emerged on the $ILV/USDT 4-hour chart, signaling potential downward pressure. On-chain data reveals that the wallet luggis.eth recently withdrew 70,764 $ILV (worth approximately $2.86 million) from Illuvium. Shortly after, 40,000 $ILV ($1.54 million) were sold just 45 minutes ago, triggering a sharp 7.8% drop in the token’s price. luggis.eth withdrew … Read more