Let’s talk about $ESPORTS and why I’m taking a short 🧵Main points: – 97% of supply controlled by top 10 wallets – Continuous unlock pressure – FDV was recently close to $500M – Extremely manipulated, controlled PA (only thing that worries me) – Weak market environment
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Let’s talk about $ESPORTS and why I’m taking a short 🧵Main points: – 97% of supply controlled by top 10 wallets – Continuous unlock pressure – FDV was recently close to $500M – Extremely manipulated, controlled PA (only thing that worries me) – Weak market environment