đ Something interesting is happening with $BIRB
A Squads multisig named âBirb Holdingsâ holds 119.6M BIRB worth around $11.9M.
Thatâs roughly 12% of the total supply and 42% of the circulating supply.
Hereâs what caught my attention.
The multisig previously sent 10M BIRB to another wallet, which then split the tokens between two helper wallets.
Recently, both helper wallets sent around 9.7M BIRB back to the original wallet.
At the time, BIRB was trading around $0.0625. Itâs now near $0.097, up roughly 55%.
The original wallet currently holds 13.57M $BIRB, while the multisig holds another 119.6M.
Neither wallet has sold so far.
đ With this much supply concentrated in a few wallets, Iâm keeping a close eye on what happens next.
Is this just internal wallet management, or could something bigger be coming for #BIRBUSDT
Whatâs your take?
NFA.
A Squads multisig named âBirb Holdingsâ holds 119.6M BIRB worth around $11.9M.
Thatâs roughly 12% of the total supply and 42% of the circulating supply.
Hereâs what caught my attention.
The multisig previously sent 10M BIRB to another wallet, which then split the tokens between two helper wallets.
Recently, both helper wallets sent around 9.7M BIRB back to the original wallet.
At the time, BIRB was trading around $0.0625. Itâs now near $0.097, up roughly 55%.
The original wallet currently holds 13.57M $BIRB, while the multisig holds another 119.6M.
Neither wallet has sold so far.
đ With this much supply concentrated in a few wallets, Iâm keeping a close eye on what happens next.
Is this just internal wallet management, or could something bigger be coming for #BIRBUSDT
Whatâs your take?
NFA.