$BLESS Analysis
BLESS is up 180% in just 2 days, and the on-chain structure looks very similar to $BANK
• Same Gate deposit addresses seen in BANK & $AKE
• Top 5 wallets hold 79.5% of the supply
• Exchanges are moving BLESS into cold storage
• $705M volume vs only $25.9M Open Interest
This is the same pattern BANK showed before its squeeze.
The key thing I'm watching now is when coins start moving back from cold storage to exchanges.
Until then, the trend remains intact
BLESS is up 180% in just 2 days, and the on-chain structure looks very similar to $BANK
• Same Gate deposit addresses seen in BANK & $AKE
• Top 5 wallets hold 79.5% of the supply
• Exchanges are moving BLESS into cold storage
• $705M volume vs only $25.9M Open Interest
This is the same pattern BANK showed before its squeeze.
The key thing I'm watching now is when coins start moving back from cold storage to exchanges.
Until then, the trend remains intact