RIVER (RIVER) fluctuates 50.6% in 24 hours: profit-taking after pump and unlocking supply pressure dominate
Bitget Pulse2026/03/26 23:18Volatility Brief
In the past 24 hours, RIVER's price surged from a low of $15.20 to a high of $22.89, currently at $16.19, with a price swing of 50.6%. The 24-hour trading volume is approximately $41.71 million, with a net outflow of about $260,000 in overall funds, mainly due to net outflows from CEX.
Analysis of Reasons for Abnormal Movements
- Profit-taking and liquidation pressure: Despite a 90% increase in the past 30 days, the price plummeted 23% to around $16.75 in the last 24 hours, trading volume rose to $28.8 million, and daily volatility reached 36% ($16.70-$22.79), reflecting leveraged liquidations and investors taking profits.
- Increased token unlock supply: On March 26, 1.11 million RIVER tokens (worth about $27.46 million) were unlocked, accounting for around 1% of the total supply, directly increasing circulation and triggering sell-offs.
- Overall market volatility intensified: Panic in the crypto market has risen, derivatives funding rates turned negative, and long position liquidations exceeded $2.58 million, further exacerbating the downturn.
Market Opinions and Outlook
The community sentiment has turned cautious, with Twitter discussions focusing on post-unlock selling pressure. However, some opinions believe underlying demand (e.g., TVL over $92 million) supports rebound potential, and a short-term test of the $16-$17 support zone is possible. Analysts warn of further liquidation risks but suggest that holding above the $20 mark could lead to a recovery.
Note: This analysis is automatically generated by AI based on public data and on-chain monitoring, for informational reference only.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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