{"id":63273,"date":"2025-11-20T19:24:25","date_gmt":"2025-11-20T19:24:25","guid":{"rendered":"https:\/\/crowdfundjunction.com\/blog\/nillion-nil-price-crashes-50-after-unauthorized-market-maker-sell-off\/"},"modified":"2025-11-20T19:24:25","modified_gmt":"2025-11-20T19:24:25","slug":"nillion-nil-price-crashes-50-after-unauthorized-market-maker-sell-off","status":"publish","type":"post","link":"https:\/\/crowdfundjunction.com\/blog\/nillion-nil-price-crashes-50-after-unauthorized-market-maker-sell-off\/","title":{"rendered":"Nillion (NIL) price crashes 50% after unauthorized market-maker sell-off"},"content":{"rendered":"<p><b>(Originally posted on : CoinJournal: Latest Crypto News, Altcoin News and Cryptocurrency Comparison )<\/b><br \/>\n<\/p>\n<div data-site=\"CoinJournal\">\n<div class=\"-mt-16  mb-8  lg:-mt-20  rounded-md  shadow-md\">\n<div class=\"relative  z-10  post-article-image  rounded  overflow-hidden\" data-site=\"CoinJournal\">\n<picture><source srcset=\"https:\/\/coinjournal.net\/wp-content\/uploads\/imagecache\/2025\/07\/celestia-price-bearish-smartcrop-750x375.webp\" type=\"image\/webp\" media=\"(min-width: 750px)\"\/><source srcset=\"https:\/\/coinjournal.net\/wp-content\/uploads\/imagecache\/2025\/07\/celestia-price-bearish-smartcrop-363x181.webp\" type=\"image\/webp\"\/><source srcset=\"https:\/\/coinjournal.net\/wp-content\/uploads\/imagecache\/2025\/07\/celestia-price-bearish-smartcrop-750x375.png\" type=\"image\/jpeg\" media=\"(min-width: 750px)\"\/><source srcset=\"https:\/\/coinjournal.net\/wp-content\/uploads\/imagecache\/2025\/07\/celestia-price-bearish-smartcrop-363x181.png\" type=\"image\/jpeg\"\/>\n<\/picture>                            <\/div>\n<\/p><\/div>\n<ul>\n<li><span style=\"font-weight: 400;\">Nillion price fell more than 50% as altcoins battled sell-off pressure.<\/span><\/li>\n<li><span style=\"font-weight: 400;\">The team has accused a market maker of dumping the platform\u2019s native token.<\/span><\/li>\n<li><span style=\"font-weight: 400;\">Despite the price dump, the team has initiated a token buyback using treasury funds.<\/span><\/li>\n<\/ul>\n<p>The price of Nillion (NIL), a token associated with a private computing network that champions data privacy, has crashed sharply over the past 24 hours.<\/p>\n<p><span style=\"font-weight: 400;\">As <a href=\"https:\/\/coinjournal.net\/news\/bitcoin-just-hit-a-critical-point-analysts-split-between-85k-crash-and-250k-surge\/\">cryptocurrencies tanked<\/a> amid macro jitters, the small-cap token\u2019s price plunged from above $0.21 to under $0.10. Sellers touched lows of $0.0.086.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">NIL\u2019s brutal 50% crash was accompanied by a staggering 680% jump in daily volume. A panicked market saw Nillion price dumping, and accelerated on Wednesday as\u00a0 nearly $200 million in sell-side volume brutalized buyers.\u00a0<\/span><\/p>\n<p><span style=\"font-weight: 400;\">But why such aggressive selling for the native token of the private computing network?<\/span><\/p>\n<h2>NIL price crashes by over 50%: what happened?<\/h2>\n<p><span style=\"font-weight: 400;\">On November 20, 2025, the Nillion team released a <\/span><a href=\"https:\/\/x.com\/nillion\/status\/1991506274953863293\" target=\"_blank\" rel=\"noopener\"><span style=\"font-weight: 400;\">statement<\/span><\/a><span style=\"font-weight: 400;\"> on X.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">According to the platform, the sharp drop that saw NIL suffer a bloodbath happened as a market maker sold huge chunks of the token. <\/span><\/p>\n<p><span style=\"font-weight: 400;\">This sale was allegedly authorized. The post did not name the entity in question. <\/span><\/p>\n<p><span style=\"font-weight: 400;\">However, it alleged the partner switched off communication both as they sold and after the price-impacting event.\u00a0<\/span><\/p>\n<blockquote>\n<p><span style=\"font-weight: 400;\">\u201cIf you were surprised by yesterday\u2019s price action, you\u2019re not alone,\u201d the team noted. \u201cOur entire team was confused until we realized what happened: a market maker sold NIL tokens without legal authorization from the Nillion Association. Then, refusing to respond to any team communications during the flash sale and hours following.\u201d<\/span><\/p>\n<\/blockquote>\n<p><span style=\"font-weight: 400;\">To help mitigate the impact, Nillion said it has deployed treasury funds to buy back tokens. <\/span><\/p>\n<p><span style=\"font-weight: 400;\">Meanwhile, collaboration with exchanges has helped freeze accounts and wallets tied to the dumping. The project is also taking legal action.<\/span><\/p>\n<h2>Nillion price outlook<\/h2>\n<p><span style=\"font-weight: 400;\">NIL ranks as one of the biggest losers across the crypto market in the past 24 hours, with current declines over the period at 36% at the time of writing.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">After the initial price dump to lows of $0.086, NIL bulls attempted a swift bounce. <\/span><\/p>\n<p><span style=\"font-weight: 400;\">However, the brief gains faded at $0.14. Price is up 37% from that intraday low, but the recovery has stalled, and NIL hovers just above $0.118.<\/span><\/p>\n<figure id=\"attachment_349382\" aria-describedby=\"caption-attachment-349382\" class=\"wp-caption alignnone\"><img loading=\"lazy\" fetchpriority=\"high\" decoding=\"async\" data-source=\"CoinJournal\" class=\"size-full wp-image-349382\" src=\"https:\/\/coinjournal.net\/wp-content\/uploads\/2025\/11\/NIL_1M_graph_coinmarketcap.png\" alt=\"Nillion Price Chart\" width=\"1200\" height=\"800\"\/><figcaption id=\"caption-attachment-349382\" class=\"wp-caption-text\"><a href=\"https:\/\/coinmarketcap.com\/currencies\/nillion\/\" target=\"_blank\" rel=\"noopener\">NIL price chart<\/a> by CoinMarketCap<\/figcaption><\/figure>\n<p><span style=\"font-weight: 400;\">Price has traded above this mark for much of the day, and technically, it appears buyers are exhausted. <\/span><\/p>\n<p><span style=\"font-weight: 400;\">Sentiment is down, and the path of least resistance could be lower. Overall, downbeat sentiment for most altcoins suggests NIL may break below $0.10 again.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Nillion price reached an all-time high of $0.95 in March 2025, which means current price levels are more than 87% off that peak. The token traded above $0.24 earlier in the week and above $0.33 in October.<\/span><\/p>\n<div class=\"post-meta\">\n<hr class=\"mb-6\"\/>\n<h6 class=\"text-3xl  mb-4  text-green-300\">Share this article<\/h6>\n<hr class=\"mb-6\"\/>\n<h6 class=\"text-3xl  mb-4  text-green-300\">Categories<\/h6>\n<hr class=\"mb-6\"\/>\n<h6 class=\"text-3xl  mb-4  text-green-300\">Tags<\/h6>\n<\/p><\/div>\n<\/p><\/div>\n<p><a href=\"https:\/\/coinjournal.net\/news\/nillion-nil-price-crashes-50-after-unauthorized-market-maker-sell-off\/\">Source link <\/a><br \/>\n<br \/><\/p>\n","protected":false},"excerpt":{"rendered":"<p>(Originally posted on : CoinJournal: Latest Crypto News, Altcoin News and Cryptocurrency Comparison ) Nillion price fell more than 50% as altcoins battled sell-off pressure. The team has accused a market maker of dumping the platform\u2019s native token. Despite the price dump, the team has initiated a token buyback using treasury funds. The price of [&hellip;]<\/p>\n","protected":false},"author":13,"featured_media":63274,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"om_disable_all_campaigns":false,"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0},"categories":[35],"tags":[],"_links":{"self":[{"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/posts\/63273"}],"collection":[{"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/users\/13"}],"replies":[{"embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/comments?post=63273"}],"version-history":[{"count":0,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/posts\/63273\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/media\/63274"}],"wp:attachment":[{"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/media?parent=63273"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/categories?post=63273"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/tags?post=63273"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}