$VELVET SUPPLY SHOCK WARNING ๐Ÿšจ

$VELVET moved above the 1 level, but on-chain flows show rising distribution risk. Reported deposits include 22 million tokens from developer-linked wallets over three days and 6.68 million tokens from DWF to a Top-tier exchange.

This creates a heavier sell-side liquidity overhang near recent highs. Price strength may still extend in thin conditions, but traders should treat this as a risk-management setup, not a clean momentum signal.

Not financial advice. Manage your risk.

#Crypto #Altcoins #BinanceSquare #Trading #OnChain

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VELVETBSC
VELVET
0.40739
-4.87%