Venice Token (VVV) drops 15% amid heavy sell pressure from top traders and whales.

Venice Token (VVV) has fallen 15% in the past day due to significant selling pressure from top traders and whales, particularly on Binance where the Long/Short Ratio has dropped to 0.6, indicating sellers dominate. Despite this, buyers remain active, with positive netflow of $824,960 over the past week and VVV hitting an undervalued zone that historically preceded strong rallies. Community sentiment remains mostly bullish but has slightly cooled from 84% to 79%. The situation suggests a potential rebound if buyers continue to hold, though downside risks persist due to whale and top trader selling.