
Large holders aggressively accumulated over 10 million JUP tokens recently, signaling strong confidence despite rising crypto market volatility. JUP price defended key breakout support at $0.2065 after rejecting resistance near $0.2655, maintaining a bullish trend. Long liquidations surged as traders reduced leverage following a sharp price rejection, which may help stabilize the market and set the stage for another upward move. Overall, the accumulation and price support suggest continued bullish potential for JUP amid volatile conditions.