A major regulated exchange is now sitting on 4.72% of the total supply.
That's not a small position. When institutional players start accumulating like this, it usually signals something. Either they're betting on serious upside, or their clients are demanding exposure.
Either way, that concentration level is worth keeping an eye on.
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
11 Likes
Reward
11
7
Repost
Share
Comment
0/400
GrayscaleArbitrageur
· 12-08 23:08
Damn, the exchange took 4.72%? Are they about to dump or are they bullish?
View OriginalReply0
GhostChainLoyalist
· 12-08 23:06
Exchanges are hoarding 4.72% of the coins? Now this is interesting—either whales are lying in wait, or it's really about to take off.
View OriginalReply0
WalletManager
· 12-08 23:03
This 4.72% ratio is indeed interesting, but we need to verify it with on-chain data. Don't be misled by the exchange's own announcements.
View OriginalReply0
PessimisticOracle
· 12-08 23:02
Another trick to fleece retail investors. When institutions enter the market, you need to be cautious.
View OriginalReply0
MechanicalMartel
· 12-08 23:01
4.72%? Damn, that's a big move. What major play is the exchange planning?
View OriginalReply0
bridgeOops
· 12-08 22:58
Whoa, 4.72%... the exchanges are stockpiling coins, now this is getting interesting.
View OriginalReply0
GasWaster
· 12-08 22:48
yo 4.72% in one exchange's wallet? bruh that's either genius or we're all about to get absolutely rekt lol... institutional players always know something we don't, same energy as when i panic-bought at peak gwei rates ngl
Guess who just became the biggest $troll holder?
A major regulated exchange is now sitting on 4.72% of the total supply.
That's not a small position. When institutional players start accumulating like this, it usually signals something. Either they're betting on serious upside, or their clients are demanding exposure.
Either way, that concentration level is worth keeping an eye on.