$GWEI is starting to look very interesting.
One connected cluster of 57 wallets holds 75.48% of the total supply, while Binance Wallet Proxy holds another 9.65%.
That means around 85% of the total supply is held by just these two holders. To me, this doesn’t look like normal holding. I don’t think they would let the project die this early.
We can also see that around 60% of traders are currently holding long positions, showing buyers still have the edge.
The biggest short liquidation zone is around $0.0298–$0.0310. If buyers stay strong, this could be the next area the market targets.
At the same time, the strongest support is around $0.0289–$0.0292. As long as this level holds, the current trend still looks healthy.
Just my personal view based on the data I’m tracking.
One connected cluster of 57 wallets holds 75.48% of the total supply, while Binance Wallet Proxy holds another 9.65%.
That means around 85% of the total supply is held by just these two holders. To me, this doesn’t look like normal holding. I don’t think they would let the project die this early.
We can also see that around 60% of traders are currently holding long positions, showing buyers still have the edge.
The biggest short liquidation zone is around $0.0298–$0.0310. If buyers stay strong, this could be the next area the market targets.
At the same time, the strongest support is around $0.0289–$0.0292. As long as this level holds, the current trend still looks healthy.
Just my personal view based on the data I’m tracking.