Jito token (JTO) experienced a significant price decline on November 1, 2025, dropping by 12% in the last 24 hours and approaching its all-time low, sparking widespread rumors of whale accumulation.
Despite the speculation, no direct evidence or official statements from Jito Labs or key opinion leaders confirm these claims, leaving market participants reliant on unverified information.
On-chain data from CryptoQuant indicates that large investors are steadily accumulating JTO in both spot and futures markets, with increased average order sizes and buyer dominance suggesting potential stabilization.
Technical analysis reveals JTO is consolidating within a bullish flag pattern, and the Stochastic RSI is nearing oversold territory, hinting at a possible reversal if buying momentum strengthens.
The uncertainty has also influenced related Solana ecosystem tokens, such as SOL, as investor sentiment wavers in the absence of factual data, echoing historical trends where speculative dips sometimes precede recoveries.
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