Abnormal signals detected on the MERL chain! Is anyone monitoring the markets?
Just caught a suspicious operation: a whale address directly deposited 16 million MERL tokens into an exchange. This scale is clearly not a routine move.
The timing is very subtle. With the December token unlock approaching, the normal logic would be to hold or accumulate more tokens, but this fund is doing the opposite—transferring to the exchange ahead of time. The motivation is pretty clear, right? Even the big holders are cashing out, indicating a lack of confidence in the future price movement.
Currently, selling pressure on MERL is building up. If these 16 million tokens start getting sold off in batches, the 0.2 level may not hold. Once the December unlock wave combines with the current on-chain weakening, a bearish trend might start ahead of schedule.
It's recommended to pay attention to on-chain data and exchange inflows—don’t just focus on the candlestick charts.
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On-ChainDiver
· 2h ago
The big whale has run away, directly dumping 16 million tokens onto the exchange... Now the December unlock is going to explode.
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retroactive_airdrop
· 9h ago
1. 16 million tokens dumped into the exchange all at once, this guy really doesn't have much confidence. I also need to be cautious.
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2. Such obvious signals of big players fleeing, and some are still holding firm at 0.2? Wake up, everyone.
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3. On-chain loosening combined with unlocking waves, this trend might really break the support. Will December be very tough?
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4. To be honest, this kind of abnormal inflow usually isn't a good sign. We still need to keep an eye on exchange dynamics.
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5. Another story of a whale dumping, MERL looks quite challenging this time.
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6. The reverse operation judgment is quite interesting; indeed, the actions of big players best illustrate the situation.
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7. Don't just look at the K-line; you need to watch the on-chain data. This analyst is doing pretty well.
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8. A volume of 16 million directly sent to the exchange, whether it can hold at 0.2 is really hard to say.
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9. How to get through this December? It seems all the expectations are full of selling pressure.
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10. Big players not adding to their positions but instead selling off; this logic indeed holds up.
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MercilessHalal
· 12-09 09:58
The whales are running away, and we're still here bag-holding? Hilarious.
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Same old story, of course there will be a dump before unlocking, it’s a classic script.
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Swallowing 16 million tokens in one go? Wishful thinking. Gradual selling is the usual move.
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Wait, how does this guy know it's definitely selling? Maybe they're accumulating at the lows instead?
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On-chain data is real, but don’t over-interpret it, there are so many variables in the market.
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Who’s even buying this crap MERL token?
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Just a couple of days ago people were saying MERL was about to moon, now the whales are leaving? The information gap is real.
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FlashLoanPhantom
· 12-09 09:58
All the big players are running away, while retail investors are still sleepwalking...
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This move is clearly a preemptive setup, just waiting for bag holders to come in with money in December.
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16 million coins dumped on the exchange in one go? Anyone who gets it can see what's happening.
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It's the same old "unlock wave" trick—they play it this way every time.
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On-chain data never lies, but unfortunately, most people just don't look.
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Can 0.2 really hold? I'm not so sure...
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Whale movements are always the most accurate indicator.
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Now this is what you call a real "bottom signal," everyone.
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Transferring to an exchange ≈ about to sell—how hard is that to understand?
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MetaMuskRat
· 12-09 09:49
Why should we stay here when all the big players have already left?
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GweiObserver
· 12-09 09:46
Did the whales leave? Now 0.2 is really about to break, and with the December unlock stacking up, it's about to take off.
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NotFinancialAdvice
· 12-09 09:45
Damn, the big players are all running away. Now things are really shaky.
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MEVictim
· 12-09 09:30
The signal of big players running away is so obvious, and there are still people trying to buy the dip? I didn't expect that. 16 million tokens dumped directly onto the exchange—doesn't this basically imply a shakeout is coming?
Abnormal signals detected on the MERL chain! Is anyone monitoring the markets?
Just caught a suspicious operation: a whale address directly deposited 16 million MERL tokens into an exchange. This scale is clearly not a routine move.
The timing is very subtle. With the December token unlock approaching, the normal logic would be to hold or accumulate more tokens, but this fund is doing the opposite—transferring to the exchange ahead of time. The motivation is pretty clear, right? Even the big holders are cashing out, indicating a lack of confidence in the future price movement.
Currently, selling pressure on MERL is building up. If these 16 million tokens start getting sold off in batches, the 0.2 level may not hold. Once the December unlock wave combines with the current on-chain weakening, a bearish trend might start ahead of schedule.
It's recommended to pay attention to on-chain data and exchange inflows—don’t just focus on the candlestick charts.