Jupiter (JUP) dropped 10.2% to a low of $0.20, breaking the $0.24 support level. Trading volume surged 20% to $50 million, indicating strong sell-side activity. According to DefiLlama, protocol USD inflows fell from $33 million to -$55 million, signaling massive capital outflows. Open Interest declined 15% to $55.7 million and futures netflow plunged 172% to -$2.8 million, reflecting widespread market panic. If selling pressure continues, Jupiter could lose the $0.20 support and fall to $0.19.
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