🚨 Suspicious maneuvers in $ALT : Is the team preparing a fake pump?
On-chain data has recorded ambiguous movements by Altlayer ($ALT ) developers. For the second day in a row, the project team has been distributing coins in bulk from three source wallets, having already moved 9% of the market capitalization ($48.68M).
Dumping the asset at current prices makes little sense, as the token is trading 98% below its all-time high (ATH). The most likely scenario is preparation for an artificial fake pump. The team would benefit from driving up the price, triggering FOMO among retail traders, and offloading millions of tokens onto them. Be careful with positions that have no stop-losses.
Will we see an aggressive upward candle in $ALT soon?
$ALT
👉 Subscribe to spot developers’ hidden maneuvers and avoid becoming someone else’s exit liquidity!
#ALT #Altlayer #WhaleAlert #Onchain #Crypto #Crypto #Trading #Manipulation #BinanceSquare #Bybit #CryptoX
On-chain data has recorded ambiguous movements by Altlayer ($ALT ) developers. For the second day in a row, the project team has been distributing coins in bulk from three source wallets, having already moved 9% of the market capitalization ($48.68M).
Dumping the asset at current prices makes little sense, as the token is trading 98% below its all-time high (ATH). The most likely scenario is preparation for an artificial fake pump. The team would benefit from driving up the price, triggering FOMO among retail traders, and offloading millions of tokens onto them. Be careful with positions that have no stop-losses.
Will we see an aggressive upward candle in $ALT soon?
$ALT
👉 Subscribe to spot developers’ hidden maneuvers and avoid becoming someone else’s exit liquidity!
#ALT #Altlayer #WhaleAlert #Onchain #Crypto #Crypto #Trading #Manipulation #BinanceSquare #Bybit #CryptoX
