
Posteo
Dr.Toxic🚩
After such a long time, the $RIVER whales have started to take action!
This time, follow to buy!
1️⃣ No new catalysts: No new CEX listings or news within 14 days, purely stock market behavior.
2️⃣ 89% of the chips are held by the Top 10, with one treasury holding 62.9%: essentially a "one-person pricing" market.
3️⃣ Trading volume: very little net buying, overbought, volume on CEX.
4️⃣ 24h turnover is $1.1-1.2M, but net buying is only about $38K (buy $613K / sell $575K) — the +29% push is actually a leverage effect from extremely low liquidity, not an influx of funds. Ultimately, it might be a pump to attract buyers, waiting for distribution, but the selling phase has not started yet. Also, River's market-making ability is very strong and will continue to push the price up by combining contract fee rate income. Currently, Binance's funding rate is positive; when it reaches a certain high point and the rate turns negative, that will be the most intense phase.#SandiskBeatAndBuyback #CircleArcLaunch #FedHawksVsWeakJobs
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