SWELL Falls Over 60% in 24H on Aevo's Pre-Market, Possibly Due to Early Hedging by Airdrop Users
On October 10, Aevo data showed that Swell Network (SWELL) fell more than 60% in 24 hours on the platform's Pre-Market, and is currently trading at $0.235 with an FDV of $2.35 billion.
Earlier today, Swell Network opened a short sale inquiry page, and the decline in the Pre-Market may be due to short sellers selling their hedges early.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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