It’s been a long, long time since we properly talked about a coin. Today let’s talk about $AKE :
On-chain data:
Based on a long-term data compilation, the statistics show that the whale behind $AKE is truly a master of price control—no doubt about it. The chip/control ratio is almost 99.99%, all bought with real money. There’s no denying it: this is a strong whale.
The data shows that purchases started about two months ago from 0.000173, and continued in batches until last week. At regular intervals, it kept buying large amounts of chips on the market—there’s a bold vibe of “#I’ve got money, I’m just being reckless.”
And our #Aoqi Community, starting from the 0.0017 level—right around the second stage—has been hammering the call in the livestream and in fan groups, driving fans to buy. Many fans followed along too, and the result was a feast: everyone was more than satisfied. Even during the third and fourth stage行情, when everyone was afraid, it was still hammering people to keep buying.
As of a livestream last week, the data didn’t seem quite right. The new clustered wallets for $AKE have token sources transferred from a multisig wallet. Cumulatively, they hold 20.8 billion tokens, totaling about $332 million USD. That cluster wallet, on the evening of August 29 at 8:41 PM, received Gas from #Kucoin across all wallets. After receiving that signal, during the livestream that same day, it was then announced that #AKE should cut/reduce all positions. It’s extremely likely this is a massive bearish signal.
Contract holdings:
At the current price, FDV is $1.6 billion, and MC is $365 million. Compared to the total net OI of more than $200 million on the whole network one week ago, as of today it has fallen to less than $52 million. You can’t say the whale’s series of moves haven’t been huge. And right now the funding rate is -0.0842%, which perfectly matches the price-control logic we discussed in last Wednesday’s livestream.
Summary:
Right now I’ll make a bold prediction. Putting all the above data analysis together, #AKE will complete funding/fee-based position control during this week. The price will then push upward again, attracting a wave of people to jump on board with long positions. The latest by September 20, it will carry out a full “net-casting” operation. [If I’m right, then it’s because I’m awesome; if I’m wrong, then consider it me boasting.]
On-chain data:
Based on a long-term data compilation, the statistics show that the whale behind $AKE is truly a master of price control—no doubt about it. The chip/control ratio is almost 99.99%, all bought with real money. There’s no denying it: this is a strong whale.
The data shows that purchases started about two months ago from 0.000173, and continued in batches until last week. At regular intervals, it kept buying large amounts of chips on the market—there’s a bold vibe of “#I’ve got money, I’m just being reckless.”
And our #Aoqi Community, starting from the 0.0017 level—right around the second stage—has been hammering the call in the livestream and in fan groups, driving fans to buy. Many fans followed along too, and the result was a feast: everyone was more than satisfied. Even during the third and fourth stage行情, when everyone was afraid, it was still hammering people to keep buying.
As of a livestream last week, the data didn’t seem quite right. The new clustered wallets for $AKE have token sources transferred from a multisig wallet. Cumulatively, they hold 20.8 billion tokens, totaling about $332 million USD. That cluster wallet, on the evening of August 29 at 8:41 PM, received Gas from #Kucoin across all wallets. After receiving that signal, during the livestream that same day, it was then announced that #AKE should cut/reduce all positions. It’s extremely likely this is a massive bearish signal.
Contract holdings:
At the current price, FDV is $1.6 billion, and MC is $365 million. Compared to the total net OI of more than $200 million on the whole network one week ago, as of today it has fallen to less than $52 million. You can’t say the whale’s series of moves haven’t been huge. And right now the funding rate is -0.0842%, which perfectly matches the price-control logic we discussed in last Wednesday’s livestream.
Summary:
Right now I’ll make a bold prediction. Putting all the above data analysis together, #AKE will complete funding/fee-based position control during this week. The price will then push upward again, attracting a wave of people to jump on board with long positions. The latest by September 20, it will carry out a full “net-casting” operation. [If I’m right, then it’s because I’m awesome; if I’m wrong, then consider it me boasting.]
