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A whale buys 10 million PNUT tokens amid ongoing bearish market signals

A whale purchased 10 million PNUT tokens for over 6 million USD, representing 1% of its total supply. Following this, the token ROSE by 20%, bouncing off the critical support level of 0.6 USD.

Despite the whale’s activity, bearish market signals persist. Previously, after peaking at 2.5 USD, PNUT suffered a steep reduction of over 75%, affecting sentiment and recovery potential.

Technical indicators suggest rebound potential, but they remain below key averages. Current social media metrics indicate declining interest in PNUT, reflecting ongoing bearish sentiment.

This is community-generated content, not advice from ONUS.
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