KAITO has dropped 31% over the past week, trading around $0.67 after breaching the $0.7 support level, with a market cap falling to $163 million and trading volume declining 54% to $40 million. A whale bought 1.917 million KAITO worth $1.32 million from Coinbase, bringing total purchases to 2.815 million KAITO worth approximately $2.36 million. On the futures market, a whale closed a long position of 2.24 million KAITO, incurring a loss of $994,000, with net futures flow reaching -$7.64 million. The RSI dropped from 81 to 37, signaling sustained bearish pressure and risking a fall below the $0.6 support level.
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