Even with 15 addresses adding to their positions on-chain, it still couldn’t stop $GSTOCK from getting cut in half. Is the broader trend really beyond saving? Let’s break down the holder data!

2026.10.16 Changes in holdings among the top 40 holders of #GSTOCK
Alpha addresses: net inflow of 4 million tokens
New entries in the top 40: 10 in total, all made the list after adding to their positions
Dropped out of the top 40: 10 in total; 3 transferred their tokens to Alpha, 1 changed wallet addresses, 2 reduced their positions, and 4 completely sold out and left
Added to positions among the top 40: 4 addresses
Reduced positions among the top 40: 0 addresses

$GSTOCK market overview:

All 10 addresses that newly made it into the top 40 did so by adding to their existing positions. Of those that dropped out, 4 have completely sold out. Some of the rest either changed wallets or may have sold. A total of 4 top holders made moves, and all of them added to their positions, increasing their holdings by more than 10 million tokens combined.

The number of tokens flowing to Binance Alpha wasn’t that large—only 4 million. But since the last tally, the price has been cut in half. Even if all the tokens deposited into Alpha were dumped, on-chain data shows only 9 sellers, compared with 15 addresses that added to their positions.

On-chain data: around 40 million tokens sold and about 30 million added to positions, yet the price fell by 50%. This is enough to show that selling pressure on the Alpha side is enormous; otherwise, the price wouldn’t have fallen so brutally.

The market looks pretty grim now, with a huge number of large holders trapped at the highs. Only 6 addresses among the top 40 are still in profit.

That’s more or less the situation. Given the market right now, does GSTOCK still have a chance??