🚨 $AKE is getting hit hard again — and there’s a detail traders shouldn’t ignore.
As of September 26, AKEDO is trading around $0.033, down roughly 8–11% in 24 hours depending on the market feed. The bigger move is even clearer: AKE is down about 45% over the past 7 days.
But here’s what stands out.
Longs are taking the majority of the liquidation pressure. Around $821K in AKE positions were liquidated over 24 hours, with roughly 71% coming from longs.
That means this isn’t simply spot sellers pushing price lower. Leveraged longs are being forced out, adding fuel to the decline.
There’s another factor: AKE had a 2.1B-token unlock on September 21, worth roughly 4.7% of market cap at the time.
So the current weakness appears to be a combination of post-rally selling, fresh supply, and long liquidations.
The real question now: has the leverage flush cleared the sellers, or is more forced selling still waiting?
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