Vercel's recent developments have been marked by increased selling pressure, specifically seen on Bonk, which recently dropped by 14%. This decline is attributed to institutional selling activity in a risk-off environment, signaling bearish sentiments in the market. Factors leading to this situation highlight the hesitancy among investors and a cautious stance adopted by institutions amidst market volatility. Such trends could indicate broader implications for the cryptocurrency market, as elevated selling strategies by institutions may suggest a reevaluation of investment positions in response to external economic pressures.

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