Watch $10 Million Dance Out of Hedera HBAR! Crypto Comedy or Tragedy?

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Hedera’s HBAR is leaking cash faster than a mobster’s restaurant on the IRS audit day. Over $10 million gone in just three days—buyer’s remorse, anyone? Mazel tov! 🕵️‍♂️💸

Oh, and if you like your charts with a dash of doom, we’ve got a fresh “death cross.” Yes, you heard it right. The name alone sounds like it should be the villain in a sword-and-sandals epic. Investors are fleeing faster than tourists at a Borscht Belt buffet after the gefilte fish runs out.

Look Out Below: HBAR’s Outflows Turn Into the Crypto Nile

Our friends at Coinglass did the counting (because who needs fingers?) and HBAR outflows hit $11.21 million. That’s not a typo, it’s almost enough to buy a one-bedroom apartment in Manhattan—if it’s rent-controlled since 1957.

These outflows happen when everybody’s selling, nobody’s buying, and “diamond hands” start looking for cubic zirconia. Demand? Forget about it. The only thing weaker is decaf coffee at my mother-in-law’s place.

Every single day since April, HBAR holders have been heading for the exits like there’s a fire (no smoke, just a bunch of people yelling “bear market!”). Sentiment? Let’s just say “uncertainty” is putting it politely.

And the “death cross” on the HBAR/USD chart? Oh, perfect. That’s when the 50-day moving average plays limbo under the 200-day—never a good sign unless you’re betting on gravity.

This happened Tuesday—just to remind everyone that yes, bad luck comes in threes: outflows, death cross, and your cousin asking if you “still believe in crypto.”

So if you see traders running for the hills, clutching their wallets like they’re holding gold bars and not digital fairy dust, now you know why.

Can HBAR Bulls Save the Day or Is This a Meltdown?

HBAR’s Relative Strength Index (RSI) is plummeting, right down at 42.22. For the uninitiated, that means the only thing lower than the price may be your spirits if you bought at the top. 📉

The RSI acts like a nosy neighbor: always watching for who’s hot and who’s not. At 42.22, let’s say HBAR is not getting invited to the block party. Unless things turn around, we’re talking a nosedive to $0.11—a price only statisticians can love.

Could the bulls make a comeback? Sure. And my uncle Murray could win the lottery, but I wouldn’t bet your mortgage on it. If the bulls do charge, maybe we’ll see $0.17 again. Until then, keep your seatbelt fastened and your sense of humor handy! 🤡

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2025-04-16 13:22