WIF Price Faces Potential Crash Despite Whale Accumulation

The WIF price has experienced a downward trend, reaching its lowest point since July 2nd as many Solana meme coins retreated. Experts suggest a double-top pattern on the daily chart indicates a potential for a significant crash. While whales continue accumulating WIF tokens despite exchange balances declining, indicators like waning trader demand and negative funding rates raise concerns about future price stability.