MORPHO Trader, should you be prepared for a possible $2 price drop?
Source: CoinWorld
Time: 2025-09-14 05:08:17
The MORPHO token has experienced a large number of whale transfers and the token usage time has surged, indicating that previously idle tokens may be resold and the price may fall to $2. Despite a 154% rise since April, the altcoin is still 48% below its all-time high of $4.17. Recent data show that $2 million worth of MORPHO has been transferred to Bybit, accounting for 0.3% of its $723 million market capitalization, indicating that there is selling pressure in the near term. However, online activity remains healthy, with funds from shrimp wallets to whale wallets steadily increasing since September. The key liquidity level is at the overhead of $2.23 and the psychological support level of $2.