Story (IP) Falls 51% Biggest Monthly Loss Amid Profit Taking, Bearish Pressure As Broader Crypto Markets Test Bears

Story (IP) is experiencing difficult moments, with investors suffering heavy financial losses due to the recent price plunge. According to the data tracked today by the market analyst Satoshi Club, IP’s recent price crash saw its price falling 51% from its ATH. The asset’s value currently stands at $8.31, down 17.1% over the past 24 hours, making it one of its most dramatic single-day plunges in recent months. The massive drop comes amid the surge of selling activity by prominent traders and whales, raising fears that a further downturn could be coming. Currently, crypto markets display weak sentiments, with most assets in deep red. While Bitcoin fell below $110,000, IP was the worst hit, dropping 51% over the past five days as traders booked profits after the asset hit a new ATH recently.