$VELVET SUPPLY CONCENTRATION HITS EXTREME LEVELS ⚠️
A single wallet now holds over 40% of the total $VELVET supply after moving 410 million tokens from a vesting contract. Today’s unlock of 10.4 million is negligible by comparison.
When one entity controls that much supply, price action becomes a function of their intent rather than organic demand. Volatility is inevitable, but direction remains unclear until that wallet shows its hand.
Are you monitoring on-chain activity for the first major move?
Not financial advice. Always manage your risk.
#VELVET #SupplyConcentration #OnChain #Volatility
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A single wallet now holds over 40% of the total $VELVET supply after moving 410 million tokens from a vesting contract. Today’s unlock of 10.4 million is negligible by comparison.
When one entity controls that much supply, price action becomes a function of their intent rather than organic demand. Volatility is inevitable, but direction remains unclear until that wallet shows its hand.
Are you monitoring on-chain activity for the first major move?
Not financial advice. Always manage your risk.
#VELVET #SupplyConcentration #OnChain #Volatility
⚡
