🗒️ Meme | Holder Concentration
· What it is: Before looking at whale holdings, first exclude addresses such as liquidity pools, burn addresses, exchange wallets, and vesting contracts.
· How it works: Whale addresses can be checked in real time on blockchain explorers. When whales transfer tokens to exchanges, it is often seen as a sign they may be preparing to sell, though they may not actually sell.
· Practical tip: Be cautious when whales transfer large amounts to exchanges, but don't draw conclusions based on a single transfer.
$BONK 0.0₅317 (-8.38%)
#BONK
· What it is: Before looking at whale holdings, first exclude addresses such as liquidity pools, burn addresses, exchange wallets, and vesting contracts.
· How it works: Whale addresses can be checked in real time on blockchain explorers. When whales transfer tokens to exchanges, it is often seen as a sign they may be preparing to sell, though they may not actually sell.
· Practical tip: Be cautious when whales transfer large amounts to exchanges, but don't draw conclusions based on a single transfer.
$BONK 0.0₅317 (-8.38%)
#BONK