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$PNUT's getting some serious love from the big players on monthly charts. Here's what's interesting—since we're looking at data that excludes centralized exchange flows, that recent dip? Pretty clear it came from retail traders on CEXs dumping their bags.
But look at what's happening now. Daily candles are painting a different picture. Smart money's still placing their bets, building positions while everyone else panicked. The whale wallets? They're not backing down.
Given how these patterns are lining up—strong accumulation from whales, bullish formations emerging on shorter timeframes—I wouldn't be shocked to see $PNUT climbing back toward that 200M market cap. The contrast between retail behavior and institutional positioning tells you everything you need to know about where this might be headed.