Onyxcoin Falls 60%, Paus Remains Optimistic About Collecting XCN

GasFeeAssassin · 2026-02-12T14:09:30+00:00

After a significant surge, Onyxcoin (XCN) faces a 60% correction, increasing selling pressure. However, whale investors continue aggressive accumulation, signaling positive fundamentals. Retail traders reduce buying activity amid market fear, while whales have amassed nearly 10 billion XCN, indicating confidence in a recovery. Technical analysis reveals bullish divergence, presenting a potential breakout setup for savvy investors.

GasFeeAssassin

2026-02-12 14:09:30

Abstract generation in progress

After experiencing a significant surge, Onyxcoin (XCN) has now corrected by up to 60%, creating substantial selling pressure in the market. Data from NS3.AI indicates that this pullback phenomenon does not dampen the interest of large investors. Whales continue to aggressively accumulate, signaling positive fundamentals that institutional investors are considering.

Significant Correction Presses Retail Traders

The sharp price decline has led retail traders to significantly reduce their buying activity. Market sentiment shows widespread fear, but this is precisely the moment whales are leveraging to build positions. Recent data shows XCN trading at $0.01 with a positive movement of 0.87% in the last 24 hours, indicating that stabilization is beginning to form.

Whale Accumulation in Support Zone

One interesting phenomenon is that whale wallets have managed to accumulate nearly 10 billion XCN during this correction period. Heavy buying concentration around the $0.0052 level indicates strong confidence in a medium-term recovery. Whale behavior often serves as a forward-looking indicator of the next price movement, given their access to more detailed data and analysis.

Breakout Setup Still Available for Investors

Technical analysis on the 4-hour chart reveals a potential bullish divergence, creating a breakout setup that retail investors have not yet fully exploited. This phenomenon forms precisely when most traders are panicking and selling. The combination of whale accumulation, tested support levels, and technical indicators showing opportunities makes XCN a situation worth watching for informed investors who understand market cycles.

XCN1,66%

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