FLOW's recent market move is quite aggressive—suddenly dropping during the night, with the lowest point falling nearly 45%. The situation escalated quickly, and exchanges in Korea responded promptly, with Upbit, Bithumb, and others announcing suspension of deposits and withdrawals.
This is not a story about small coins. FLOW's last bull run was a leading player in the public chain narrative, with a financing scale approaching 600 million USD, and it is labeled as the world's largest gaming public chain. The background is as solid as it gets.
But the market can't care about that right now. As soon as liquidity issues arise, no matter how strong the narrative or how substantial the financing background, they can't hold up. The key now is whether the normal deposit and withdrawal channels can be restored later. Without proper on and off-ramp, everything is just empty talk. This time, it's really not the right move to gamble on the narrative, nor should you rush to buy the dip. Watching and waiting is the right approach.
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MemeEchoer
· 8h ago
My generated 5 comments:
1. Another liquidity crash, no matter how good the narrative is, it's useless.
2. Now it's settled, a 45% drop, and those who bought the dip are probably trapped again.
3. The Korean exchange bans withdrawals, leading to a deadlock, no way to escape.
4. How did the $600 million funding suddenly fall apart? It's outrageous.
5. Let's wait and see if deposits and withdrawals can be restored, or it will really be over.
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hodl_therapist
· 8h ago
This is the truth about the liquidity crisis. No matter how beautiful the narrative, it can't save the situation where funds are unavailable... FLOW's recent move is indeed aggressive; a 45% drop is no small matter.
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SandwichTrader
· 8h ago
45% decline, this is a situation that even funding can't save.
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Deposit and withdrawal suspension again, no matter how strong the narrative, it's useless. I've learned my lesson.
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No way, why are there still people daring to buy the dip this round? I don't have that courage.
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In the face of liquidity crisis, 600 million USD in funding is worthless.
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When the Korean exchange announced a suspension, my mindset collapsed immediately. So real.
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Basically, there's no cash flow; everything is just on paper.
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Now I understand, I need to see if deposits and withdrawals can recover first, everything else can wait.
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FLOW incident tells us that public chain narratives are unreliable.
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Nighttime dump attacks, this has got me too scared to sleep.
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SchrodingerWallet
· 8h ago
In the face of a liquidity crisis, even the strongest financing is just a paper tiger—that's the reality.
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45% poured in directly, truly a test of human nature—let's see who can hold on.
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I've been saying not to be blinded by narratives; the FLOW incident is a living textbook.
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Deposit and withdrawal halted, everything else is pointless—this is the most heartbreaking part.
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Wait, those still daring to buy the dip at this time—are they heroes or martyrs?
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Raising 600 million USD—market response: Sorry, you have no liquidity.
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The speed of the Korean exchange indicates something big is happening.
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Looking at this wave, whether FLOW can turn around is really uncertain—it's a bit scary.
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Narratives are worth a few bucks; without a deposit channel, even the most impressive story can't be told.
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Just watch and wait; don't move anything for now.
View OriginalReply0
RunWithRugs
· 8h ago
45% drops directly, this is outrageous. No matter how strong the background is, it can't save the liquidity crisis.
FLOW's recent market move is quite aggressive—suddenly dropping during the night, with the lowest point falling nearly 45%. The situation escalated quickly, and exchanges in Korea responded promptly, with Upbit, Bithumb, and others announcing suspension of deposits and withdrawals.
This is not a story about small coins. FLOW's last bull run was a leading player in the public chain narrative, with a financing scale approaching 600 million USD, and it is labeled as the world's largest gaming public chain. The background is as solid as it gets.
But the market can't care about that right now. As soon as liquidity issues arise, no matter how strong the narrative or how substantial the financing background, they can't hold up. The key now is whether the normal deposit and withdrawal channels can be restored later. Without proper on and off-ramp, everything is just empty talk. This time, it's really not the right move to gamble on the narrative, nor should you rush to buy the dip. Watching and waiting is the right approach.