$XPIN This kind of pattern doesn’t show up more than a few times a year: the top 100 addresses on-chain hold 92% of the supply, while the contract’s open position is $13.5 million. The big-player long/short ratio is 1.70 times that of retail traders—so the odds are on the big players’ side. It’s still 38% away from the 90-day high; this isn’t a top—it’s just climbed back to halfway out of the pit. My take: over the next 24 hours it will remain slightly bullish, with positions pushing higher and pullbacks staying within this round of gains. Just with that 92%, and the coins locked in so few hands, retail can’t really smash it down.