Crypto | Major Flows | August 15
I just scanned a batch of the BSC on-chain “major wallet” holdings, and this data really stunned me.
All 8 assets are full-on “super major” level, and the share of low-frequency addresses is above 95% across the board. The most extreme one is 99.85%—basically a market run by one or two people. The key point is that every single one is the first time they’ve shown up in monitoring; before this, there had been no trace of this kind of concentration on-chain.
Let me highlight two:
CCNN1Wcqyh, up 6871% in 24h. The major position was built for the first time and then pushed to extreme concentration—this doesn’t look like retail behavior. It’s someone scooping the chips clean in one go, then lifting the board.
0xc35ef056, two batches of accumulation (June 4 and June 8). Now one is up 68% and the other up 67%. Both market caps are over $700 million. The major still looks “dead” and hasn’t moved—waiting to distribute.
But I’ve fallen into this kind of trap before too. Early on, I chased a project where a major first built a position. The price had already tripled, and I thought since the major hadn’t exited, it should be safe. Then I woke up and found the major had already dumped all the chips onto the bag-holders. So my rule now is: if a major has just shown up + the price has already exploded upward, = don’t touch. Wait for a second pullback and reassess.
Also be careful with 0x0667873e. Its super-major concentration is 95.71%, but it’s down 26% in 24h. If the major hasn’t moved, the price breaking down first means either the team is dumping the market, or the chips were never really locked. Don’t rush in just because the name sounds strong.
BTC is still stuck around 63,000, ETH at 1879 has no clear direction, and SOL is only slightly weak. In a market like this, low-cap “shitcoins” are actually more active—but the ones with highly concentrated major positions are especially sensitive to trading discipline.
Have you gotten any benefits from majors’ first-time positioning lately? Chat in the comments—are they real majors or fake majors?
I just scanned a batch of the BSC on-chain “major wallet” holdings, and this data really stunned me.
All 8 assets are full-on “super major” level, and the share of low-frequency addresses is above 95% across the board. The most extreme one is 99.85%—basically a market run by one or two people. The key point is that every single one is the first time they’ve shown up in monitoring; before this, there had been no trace of this kind of concentration on-chain.
Let me highlight two:
CCNN1Wcqyh, up 6871% in 24h. The major position was built for the first time and then pushed to extreme concentration—this doesn’t look like retail behavior. It’s someone scooping the chips clean in one go, then lifting the board.
0xc35ef056, two batches of accumulation (June 4 and June 8). Now one is up 68% and the other up 67%. Both market caps are over $700 million. The major still looks “dead” and hasn’t moved—waiting to distribute.
But I’ve fallen into this kind of trap before too. Early on, I chased a project where a major first built a position. The price had already tripled, and I thought since the major hadn’t exited, it should be safe. Then I woke up and found the major had already dumped all the chips onto the bag-holders. So my rule now is: if a major has just shown up + the price has already exploded upward, = don’t touch. Wait for a second pullback and reassess.
Also be careful with 0x0667873e. Its super-major concentration is 95.71%, but it’s down 26% in 24h. If the major hasn’t moved, the price breaking down first means either the team is dumping the market, or the chips were never really locked. Don’t rush in just because the name sounds strong.
BTC is still stuck around 63,000, ETH at 1879 has no clear direction, and SOL is only slightly weak. In a market like this, low-cap “shitcoins” are actually more active—but the ones with highly concentrated major positions are especially sensitive to trading discipline.
Have you gotten any benefits from majors’ first-time positioning lately? Chat in the comments—are they real majors or fake majors?