CRO price prediction: Bearish pressure looms as whales begin offloading

Whales control 93% of Cronos (CRO), driving volatility and bearish trends. Brief gains from derivative traders may falter as sell-offs loom.

surge by an impressive 137.39%, the momentum now appears to be reversing. The asset recently recorded a weekly loss of 4.78%, indicating a potential trend shift.

Over the past seven days, there were 144 bulls compared to 115 bears, a marginal difference that might imply only a slight risk of decline. However, the broader market dynamics raise additional concerns.AMBCrypto highlights a significant imbalance in asset ownership, with whales dominating the market. This disproportionate control amplifies volatility and leaves smaller holders vulnerable to sudden price swings.

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