Ethereum HEX Sinks 31% After Reports of Richard Heart’s Detention
A Uniswap pool handling about $703,000 in daily HEX trading held just $354,000 in liquidity, adding execution risk for sellers.
HEX, a token associated with Richard Heart, dropped 31% following reports that Heart has been detained. A Uniswap pool handling roughly $703,000 in daily HEX trading holds only about $354,000 in liquidity, which increases slippage and execution risk for sellers trying to exit. Traders holding HEX face a sharp drawdown and thin exit liquidity, while the news adds legal uncertainty around the project.
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