Just noticed CFG had a wild run recently - the token jumped like 180% in a matter of hours after getting listed on a major Korean exchange. Pretty crazy price action if you ask me.

The listing happened at the end of February with spot trading pairs in Korean won, Bitcoin, and stablecoin. From what I can see on-chain, the whales were definitely accumulating during that spike, and the volume was insane. The centrifuge price basically reclaimed levels we hadn't seen since last October before things cooled down.

Now here's the thing though - the rally pulled back pretty quick as people took profits, which is pretty normal. Looking at the technicals, it's sitting above both the 50-day and 100-day moving averages, but the RSI got pretty stretched into overbought territory. Mixed signals overall, not the cleanest setup.

The real question is whether Korean traders will keep the momentum going or if we'll see centrifuge price pull back further from here. If volume stays strong, could test higher resistance, but a break below those key moving averages could get ugly fast. Either way, worth keeping an eye on how this plays out over the next few weeks.