I'm getting tired of waiting for a move on $VELVET . Based on on-chain data, a very large portion of the token's supply appears to be concentrated among the top wallets, which raises concerns about centralization and the potential for significant selling pressure. After such a long period of sideways price action, I'm watching closely to see whether this leads to a breakdown. Of course, wallet concentration alone doesn't guarantee a dump, so it's important to wait for price confirmation and manage risk rather than relying solely on on-chain metrics.

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