DeXe approaches critical support level as $5.3 million sell-off causes price decline

DEXE’s price fell by 12% on October 9, 2025, driven by a significant sell-off of $5.3 million. Bearish sentiment prevails among traders, with nearly all exchanges positioning against the asset’s upside potential.

Market liquidity has plummeted as investors liquidate their positions, especially on Binance, which holds a considerable amount of DEXE. A decline below $10.74 may lead to further decreases towards the next support at $9.96.

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