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FET tumbles to 4-month low as whales offload over $25 million in tokens

FET token’s price has reached its lowest in four months at $1.08 due to significant sell-offs by whale investors. This selling pressure has resulted in a negative market sentiment, reflected by a weighted sentiment score of -0.41.

Currently, FET is trading below its 20-day exponential moving average, indicating a bearish trend. If this decline continues, projections show that the price may fall to 0.70 USD.

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