#Gate广场四月发帖挑战

Whale sell-off triggers the most brutal "Soul-Ending Blade," ARIA drops to zero overnight

📉 Early this morning, it was definitely a nightmare for retail investors holding ARIA, as the price briefly surged to $1.06 last night before suddenly turning downward, declining all the way down, and at 00:00, experiencing the most aggressive sell-off, with the price dropping 90% overnight, closing at only $0.089.

On-chain monitoring data shows that suspected ARIA-related addresses concentrated selling about 45.64 million ARIA tokens early this morning, exchanging approximately 5.42 million USDT at an average price of about $0.12.

Meanwhile, the project's circulating market cap also plummeted from about $315 million to roughly $38.5 million, significantly impacting market confidence.

🔎 On-chain fund flow

Data indicates that this batch of sold tokens was transferred from the exchange Gate to on-chain wallets via 8 wallet addresses about three weeks ago. The sudden concentration of selling has sparked speculation about large holders withdrawing funds or early profit-taking.

📊 Market outlook

It’s worth noting that this is not ARIA’s first flash crash. On April 9th, the price also plummeted over 90% in a single day, dropping from a high of $0.70 to $0.059, but then started to rebound, recovering all losses and rising to a new all-time high of 1.1298. Whether this decline will repeat the previous “routine” remains to be seen. Bold investors might consider small positions for bottom-fishing and set stop-loss orders below yesterday’s low.

🌱 A word for investors

In a bull market, making money depends on courage;

In a volatile market, survival depends on discipline.

There will always be new opportunities in the market, but capital only comes once.
Learning to respect risks is the key to going further in this market.