Audiera surges 22% as whales turn bullish: Why BEAT still faces hurdles

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Audiera (BEAT) rebounded 22%, moving from a low of $2.40 to a local high of $3.65, pushing its market cap to $1.12 billion, up 15%. Whales returned to the market with massive purchases, withdrawing 500,000 BEAT ($1.36 million) from Gate and nearly $5.1 million in total from exchanges, signaling a shift in sentiment. The market delta turned positive at 12.2k, confirming sustained buying pressure. however, an unlock of 21.25 million BEAT, worth $81.66 million, is scheduled for August 1st, which could exert significant selling pressure on the price.

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Telemac
Telemachttp://cryptoinfo.ch
Passionné de nouvelles technologies, j’explore l’univers de la blockchain et des cryptomonnaies pour partager l’actualité et les innovations du secteur.

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