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Breaking News: $BEL Coin May Face a Sharp Decline as Whales Start Massive Withdrawals The crypto market has been shaken as $BEL (Bella Protocol) whales are withdrawing significant amounts of coins from exchanges, signaling potential selling pressure. This development could lead to a sharp decline in $BEL's price in the coming hours. Key Highlights: Whale Withdrawals: Over 20% of the total $BEL held by top holders has been withdrawn from exchanges within the last 24 hours. Potential Dump: Large withdrawals often indicate preparation for offloading coins, which could trigger a price dump. Increased Volatility: The sudden movement of such a large volume may cause panic selling among retail traders. Technical Analysis: Current Price: $BEL is currently trading at $0.7989 USD. Critical Support: If the price breaks below $0.7860 USD, it may slide further toward $0.7720 USD or lower. Resistance Level: $BEL faces significant resistance at $0.8120 USD, limiting any immediate upward movement. Warning for Traders: Short-Term Outlook: $BEL is showing bearish signals due to whale activity and the risk of a potential dump. Risk Management: Traders are advised to use tight stop-losses and avoid entering large positions until the market stabilizes. Conclusion: The aggressive withdrawals by whales suggest that $BEL could face intense selling pressure. Keep a close eye on the support levels and volume to anticipate the next market move .