If youโre thinking of going long after a drop of 25% to $BEAT , take a minute to review the wallet movements on-chain before making any decisions ๐
Whatโs showing up on the On-chain isnโt straightforward: ๐ธ Huge hub wallets are distributing amounts to dozens/hundreds of smaller wallets in a coordinated manner.
๐ธ The distribution pattern suggests that a single entity is splitting holdings to create a fictitious activity and artificial liquidity pressure.
๐ธ Thereโs a clear link between some clusters and transfers towards deposit wallets on exchanges, indicating a potential gradual dump.
In summary: what you see as โaccumulationโ might actually be part of a distribution and quiet exit rather than a genuine entry ๐จ
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