FORM token gained nearly 14% over the past week, but sellers now control 53% of perpetual market volume, accounting for approximately $174.6 million out of $329 million in total volume. This selling pressure was primarily driven by retail traders while whales maintained their position in the market. Despite this bearish pressure, spot buying remains active with $15.65 million accumulated recently, marking the largest cumulative purchase in over fifteen days. These mixed signals suggest significant downside risk for the crypto asset in the coming sessions.
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