My guess is that people that disliked what the beta looks like are unstaking and selling.
What had 100x potential before the beta was seen, suddenly turned into a questionable survival.
I personally didnt sell, im already down 70% with GLX so ill let the last few k USD ride on it.
I just hope the devs realize what is wrong and dont put egos ahead of the game and try to convince everyone that theyre "correct" somehow.

I had high hopes for the game, I would HATE if it failed.