Something about $XPL ’s sudden pump feels off… 👀 Today’s 1.8B token unlock explains why this move caught my attention. The team also moved 300M tokens to an unknown wallet right before the unlock.
If that supply starts hitting the market, this pump could turn into a distribution move pretty fast. The big question is… are buyers walking into a bull trap? I’m watching this from the SHORT side.
If that supply starts hitting the market, this pump could turn into a distribution move pretty fast. The big question is… are buyers walking into a bull trap? I’m watching this from the SHORT side.
