RAIN, the cryptocurrency of Rain Protocol, has dropped over 17% in the past 24 hours after a significant $10 million sell-off. This decline has pushed RAIN below the crucial $0.0082 support level, raising concerns about its market cap, which currently stands near $3.89 billion. Despite backing from Enlivex's Digital Asset Treasury, the token's recent volatility has left investors wary. The sell-off was largely driven by whale activity, notably from the Token Millionaire wallet, which contributed to heightened market volatility. Daily trading volumes peaked at $28.84 million, with sellers dominating the market. Although institutional support remains strong, with Enlivex continuing to accumulate, the market faces uncertainty. RAIN's future trajectory hinges on maintaining critical support levels and sustaining buying momentum to potentially recover lost ground.