$CHIP , Straight to Exchange… Not a Great Look. Well this flow is pretty hard to ignore. a newly created wallet (just 3 days old) tied to the deployment of #CHIP has just sent 75M tokens (~$5.73M) to OKX within the last few hours.
the sequence matters here: wallet gets funded directly from the CHIP deployer address, holds the tokens for ~2 days, then deposits 100% of the allocation to an exchange..... that kind of behavior usually doesn’t scream “long-term holding.” it’s much more aligned with: ...