#数字货币市场洞察 I took a look at the on-chain data for a certain coin and found something pretty interesting. The top holders account for a significant proportion, and they've been continuously accumulating over the past few days. Normally, with this level of token concentration, retail investors should be worried about a potential dump, right?

But in reality, the price has been rising for several days in a row, and fresh funds keep flowing in from outside the market. Those top addresses aren't just sitting idle either—they've been accumulating non-stop. This behavior seems puzzling. Is nobody worried that these whales might suddenly cash out and leave? Or has market sentiment just become that euphoric?