WCT briefly accelerates to fall below $1, dropping over 26% in one hour

Bitget2025/05/31 10:14

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According to a report by Jinse Finance, market data shows that WCT experienced a rapid decline, dropping from $1.37 to below $1 within an hour, currently priced at $1.01, marking a 26% decrease in one hour. The market is highly volatile, so please ensure proper risk management. Previously, according to monitoring by ai_9684xtpa, address 0x19F...cCA67 received 2.5 million WCT from the WalletConnect project's multi-signature address and transferred them to a CEX, valued at $2.34 million. This address also received 2.5 million tokens during the token TGE a month ago, and tracing the funds back may be related to Arrington Capital, but it is unclear whether the tokens will be used for market making or selling.

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Goldman Sachs Volatility Panic Index surged to 9.57, approaching its maximum value, with the largest single-day increase ranking third in history, and the combined two-day volatility setting a new record. Historical data shows that after this index has exceeded the 9.5 threshold 15 times, the S&P 500 has seen an average three-month gain of 4.6% with a success rate of 80%. However, Goldman Sachs traders warn that forced liquidations have not yet fully cleared, and the market is still searching for a bottom, but opportunities on the other side are becoming increasingly difficult to ignore.

华尔街见闻•2026/11/07 07:31