Monad faces a severe correction following the massive liquidation of eight million tokens in a single day, according to recent reports by market analysts. This intense selling pressure from Monad whales has generated notable uncertainty, pushing the asset’s valuation toward critical levels while organic participation and investor confidence in the network diminish.
On-chain data reveals that wallets holding more than one million dollars disposed of eight million MONAD tokens in just 24 hours. This massive movement, which significantly excludes exchanges, indicates a clear loss of confidence among large holders who usually dictate market direction. Currently, the asset trades around 0.029 dollars after falling 5%, desperately attempting to hold within the support range of 0.027 dollars, although the bearish trend persists strongly due to capital outflows. Therefore, the aggressiveness of these sales reflects expectations of further declines or an urgent desire to reduce exposure to volatility.
On the other hand, general network activity paints a cautious picture, as active addresses have fallen consistently over the past week. This decrease reflects the indecision of retail investors, who have reduced their interaction through sends or transactions, exacerbating the lack of organic demand needed to counteract the selling pressure from Monad whales in this highly uncertain environment. A resurgence in active addresses is essential to regain momentum, given that user engagement remains muted as long as market conditions remain unfavorable.
Will market liquidity be able to absorb this massive sell-off without collapsing?
Likewise, if the distribution of tokens by large investors continues unchecked, the price risks descending toward the critical support of 0.023 dollars. A breakdown of this level would deepen losses for current holders, confirming a bearish scenario dominated by the general weakness affecting this criptomoneda. Nevertheless, analysts suggest that the market is looking to establish a solid base in the short term, which would avoid total capitulation if buyers manage to intervene in time in the current demand zone.
However, a technical bounce from 0.030 dollars would allow regaining ground up to 0.035 dollars, partially invalidating the immediate negative projection. Thus, if bullish momentum returns and whales pause their distribution, the token could extend its gains toward 0.045 dollars, restoring lost investor confidence. It is crucial to observe if the price manages to convert local resistances into new supports, which would be a definitive signal of a trend change.
Ultimately, the Monad market finds itself at an inflection point where future stability depends entirely on the return of buying volume. Traders will need to closely watch the behavior of large wallets in the coming hours, as any pause in asset liquidation could offer the opportunity needed to reverse the selling pressure from Monad whales and avoid new annual lows.
