DEXE Drops 9.85% to $34 From ATH of $49.40 as Whales Offload

DeXe (DEXE) fell 9.85% to trade around $34 at press time, down from a new all-time high of $49.40 reached in July following the successful rollout of the Dexelization AI integration upgrade. Trading volume surged 58% to $158 million, reflecting intense selling pressure.

According to data from CryptoQuant and CoinGlass, whale accumulation has intensified during the decline. Spot Average Order Size data showed Big Whale Orders for three consecutive days, with the Spot Taker CVD metric remaining red for five consecutive days, indicating net selling. Over the past three days, $33.1 million in DEXE entered exchanges while $26.27 million left, resulting in a positive net flow of $6.8 million, a trend that suggests sustained selling pressure from large holders.