The outflow of 300 million USD from Berachain indicates declining investor sentiment, with its market cap dropping 48.4% from 776.7 million USD to 401.4 million USD. This is accompanied by a reduction in daily active addresses from 1.2 million to 72,500.
BERA’s price has decreased from a peak of 7.624 USD to approximately 3.7 USD, driven by selling pressure. The Taker Buy-Sell Ratio also suggests that bearish sentiments dominate the market, indicating potential further declines ahead.
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