Large moves in $TRUST : selling or manipulation? 🚨
Pay attention to the $TRUST token. On-chain metrics are recording suspicious activity by the project team.
Key facts:
• Unlock: Payments of $1.4M are scheduled for November 5 (11% of the market cap).
• Wallet maneuvers: Over the last 6 hours, the team distributed an amount equal to 40% of the total market cap across new wallets. Another 300k was deposited into a smart contract.
Trading plan:
The token has been trading sideways for a long time. If volume starts coming in and open interest (OI) rises, I’ll go long on a breakout. For now, I’m keeping an eye on the wallets.
Addresses for research (DYOR):
• 0xb4f4e050ed257946b26a293cc31425b46f9349d9
• 0x2143b178d1131049ea27d78cfea3c27dc50ef8d7
• 0x7cf140887d7cdcd890487dc54be7cc6944b499a9
What do you think: is the team preparing to dump, or is this accumulation ahead of a rally?
$TRUST
📊 Follow the profile to be the first to get fresh on-chain updates and ready-to-go trading setups!
#TRUST #Crypto #OnChain #DYOR
Pay attention to the $TRUST token. On-chain metrics are recording suspicious activity by the project team.
Key facts:
• Unlock: Payments of $1.4M are scheduled for November 5 (11% of the market cap).
• Wallet maneuvers: Over the last 6 hours, the team distributed an amount equal to 40% of the total market cap across new wallets. Another 300k was deposited into a smart contract.
Trading plan:
The token has been trading sideways for a long time. If volume starts coming in and open interest (OI) rises, I’ll go long on a breakout. For now, I’m keeping an eye on the wallets.
Addresses for research (DYOR):
• 0xb4f4e050ed257946b26a293cc31425b46f9349d9
• 0x2143b178d1131049ea27d78cfea3c27dc50ef8d7
• 0x7cf140887d7cdcd890487dc54be7cc6944b499a9
What do you think: is the team preparing to dump, or is this accumulation ahead of a rally?
$TRUST
📊 Follow the profile to be the first to get fresh on-chain updates and ready-to-go trading setups!
#TRUST #Crypto #OnChain #DYOR
