📊 In-depth On-Chain Data Analysis
Do you know that PEPE’s holder concentration is declining?
• The share of whale addresses has dropped from 62% to 58%
• The number of retail addresses has increased by 7%
• Net outflows from exchanges have remained positive
What does this mean?
“Chips are being dispersed, and big players are unloading to retail holders?” Not quite.
It’s early profit-taking positions being reduced, while a new consensus is forming.
When the holder structure shifts from concentrated to dispersed,
it is often the first step of a coin moving toward maturity.
Don’t be the cashing-out fool—
people who cut losses at this point will slap themselves in the face when they look back in three months.
#PEPE #MemeCoin #OnChain #Crypto #BinanceSquare
Do you know that PEPE’s holder concentration is declining?
• The share of whale addresses has dropped from 62% to 58%
• The number of retail addresses has increased by 7%
• Net outflows from exchanges have remained positive
What does this mean?
“Chips are being dispersed, and big players are unloading to retail holders?” Not quite.
It’s early profit-taking positions being reduced, while a new consensus is forming.
When the holder structure shifts from concentrated to dispersed,
it is often the first step of a coin moving toward maturity.
Don’t be the cashing-out fool—
people who cut losses at this point will slap themselves in the face when they look back in three months.
#PEPE #MemeCoin #OnChain #Crypto #BinanceSquare