$MERL Weakened signals are becoming increasingly obvious: on-chain large holder actions are starting to seem off, and the price could return to the 0.2 range at any time.
Recently, the trend of MERL has become increasingly intriguing. The actions appearing on-chain do not seem to indicate a preparation to continue pushing upwards. Especially the day before yesterday, a large holder directly dumped 16 million MERL into Bybit (on-chain data: https://scan.merlinchain.io/tx/0xfa6a7c64fbd796c88cc098b10abc223f2a2440ab56e25ff94e96d9d40d61f059) — this scale is not a small matter, but rather the kind of magnitude that indicates 'something is about to happen.'