🛑OFF-CHAIN: At 9:58am PST, a coordinated 174M solana:dog1viwbb2vWDpER5FrJ4YFG6gq6XuyFohUe9TXN65u sell-off on Kraken triggered a cascading reaction across order books on Bitget, Gate, and MEXC.
As stated previously, thin liquidity conditions allow solana:dog1viwbb2vWDpER5FrJ4YFG6gq6XuyFohUe9TXN65u price action to be heavily influenced by concentrated buy or sell pressure.
🟩ON-CHAIN: At 1:17pm PST, #
Binance-linked# wallets and wash trading wallets increased their solana:dog1viwbb2vWDpER5FrJ4YFG6gq6XuyFohUe9TXN65u positions, continuing to climb holder rankings with liquidity support from Market Makers #
1# and #
2#.
Wallet #
24# ▶️ Wallet #
21#
Wallet #
71# ▶️ Wallet #
67#
Wallet #
74# ▶️ Wallet #
72#
Wallet #
48# ▶️ Wallet #
41#
Long Term holders remain at 80%. No one is selling.