The distribution trap is officially sprung on $VELVET After a jaw-dropping 10x vertical moonshot from $0.09 that perfectly hunted short liquidations up at the $0.90 to $1.00 level, the music has stopped. On-chain data confirms nearly $20 million worth of tokens are flooding into exchange deposit wallets. The market makers have squeezed the bears, and now they are cashing out—hit that short button!

VELVETBSC
VELVETUSDT
0.3741
-8.60%