Seeker tumbles as smart money exits and whales buy the dip
Beincrypto reported that Seeker (SKR) has entered a pullback, sliding nearly 25% over the past 24 hours after a roughly 200% post‑launch rally earlier this week, while smart money reduced its SKR exposure by 56.48%.
The analysis says the first crack came on January 24 when price lost the one‑hour VWAP, and smart money cut about 8.5 million SKR in a single day. At the same time, whales increased holdings by 40.78%—adding roughly 16.3 million SKR to reach 56.49 million—while the Money Flow Index signaled dip buying. Exchange balances rose 10.94% to 453.67 million SKR, implying about 44.8 million SKR moved onto exchanges, and On‑Balance Volume trended lower amid the pullback.
Technically, the report highlights a four‑hour close below $0.028 as a trigger that could open downside toward $0.0120, while reclaiming $0.043 (and then $0.053) would be needed to restore confidence. The piece concludes that with smart money stepping aside, whales accumulating and exchange inflows rising, Seeker remains vulnerable until volume dynamics shift.
Key Topics
Crypto, Seeker, Smart Money, Whales, Vwap, Money Flow Index