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Venice Token drops 13% despite record $1.1M quarterly earnings, signaling mixed trader sentiment.

Protocol Fundamentals
29 Aug 2026
AMBCrypto
View Source
Bearish
pluang ai news

Venice Token (VVV) fell 13% to $16.03 even as its protocol reported record quarterly earnings of $1.1 million and monthly earnings of $654,000, indicating increased platform activity. Despite strong earnings, the token's price decline reflects weakening long demand in derivatives markets, with a falling Funding Rate and a Long/Short Ratio below one suggesting more short positions. Meanwhile, spot market outflows indicate holders are withdrawing tokens from exchanges, potentially reducing sell pressure. This split between bearish derivatives traders and tightening spot supply could delay price recovery despite strong fundamentals.

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