I just saw a major whale on the leaderboard holding 2.5% completely liquidate their position in just 3 hours. Interestingly, after the exit, the bid side didn't cool down at all. Instead, there was massive absorption, which is quite worth pondering.

You see, if this were a pure PVP project, such a scenario wouldn't be possible. Whales usually trigger panic and a stampede when they exit, but this time the opposite happened—people kept taking positions. This fundamentally reflects market recognition of the project's fundamentals. Either way, there's confidence here.

These 3-hour changes actually revealed something: someone is cashing out, but more people are building positions. The power dynamic between buyers and sellers is quite clear. Continuing to observe this, it should be a pretty good signal.