$VELVET Update 👀
Tracked another major move:
• 3M $VELVET moved from Bitget cold → hot wallet
• Split across 5 fresh wallets
• 1.66M $VELVET (~$2.6M) deposited to Gate
Classic distribution structure.
Not a confirmed dump yet—but I'm watching: • Whale longs fading • Open Interest dropping • More exchange inflows
Something is brewing. Stay alert. 🔥
Tracked another major move:
• 3M $VELVET moved from Bitget cold → hot wallet
• Split across 5 fresh wallets
• 1.66M $VELVET (~$2.6M) deposited to Gate
Classic distribution structure.
Not a confirmed dump yet—but I'm watching: • Whale longs fading • Open Interest dropping • More exchange inflows
Something is brewing. Stay alert. 🔥