Recently, I've observed that a project's wallet activity has been quite frequent—constantly depositing funds into Bitcoin addresses, but then immediately selling after each deposit. This operation looks interesting—what could they be doing? Purely for fund circulation, or are there other considerations? It seems that this behavior might have some impact on the project's market expectations. Has anyone noticed similar phenomena?
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RektRecovery
· 3h ago
lmao classic pump & dump with extra steps. they're literally broadcasting "we need liquidity badly" on-chain. seen this pattern like a hundred times before the inevitable collapse
Reply0
AirdropHustler
· 3h ago
Hmm... just dumping after charging in, this is obviously a sell-off, I'm done.
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RegenRestorer
· 3h ago
Hmm... this move does have a bit of a pull the rug vibe, or is it just a way to wash out the chips?
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ChainComedian
· 3h ago
Isn't this a typical dump move? Selling immediately after buying won't improve anything.
Recently, I've observed that a project's wallet activity has been quite frequent—constantly depositing funds into Bitcoin addresses, but then immediately selling after each deposit. This operation looks interesting—what could they be doing? Purely for fund circulation, or are there other considerations? It seems that this behavior might have some impact on the project's market expectations. Has anyone noticed similar phenomena?