When major wallet movements align with trending projects, the market reaction can be swift and dramatic. $CHEETAH saw a sharp spike to 180K after significant accumulation activity, which triggered a wave of sell-side liquidity as existing holders took profits. This kind of order book clearance typically opens the door for the next leg up. The sellers who stepped in at that level essentially provided the foundation for continued upside momentum. The setup suggests there's still room to run higher—those distribution events often mark inflection points rather than exhaustion points.