AWE plunges 14% amid Binance-driven selling and whale pressure, signaling more downside risk.

Awe Network (AWE) saw its market cap drop 14% to $124.13 million due to heavy selling pressure, primarily from Binance traders and whale investors. The Long/Short Ratio on Binance fell to 0.59, indicating more short selling, while negative Funding Rates confirm bearish sentiment. This selling surge follows a recent $6.3 billion hack that triggered market panic and withdrawal resumption on Binance. With capital outflows intensifying and whales dominating sales, AWE faces a high risk of further declines in the near term.

AWE Network holds a market cap of Rp2.23 trillion on Pluang as of Nov 03, 2026 03:11 WIB, with a 24-hour trading volume of Rp114.76 million. Despite the article's report of a major sell-off, AWE's price on Pluang has risen by 1.11% in the last day, supported by a strong buy sentiment where 79% of orders are buys. Typical hold time on Pluang is 11 days, indicating relatively short-term investor engagement.