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The trend of the $KGEN token is becoming increasingly clear. Based on the current trend, the final participation threshold may break through the 300,000 mark.
For those friends who have only brushed below 100,000, honestly, giving up might be the most rational choice. We are currently in a typical reverse arbitrage stage, and being able to lose less is really something to be satisfied with. However, for those who have already invested over 100,000, think about the sunk cost issue—continue to chase or cut losses, the contrast is actually not that big, it’s just that earning a little more would make you feel better psychologically.
What’s more worth paying attention to is the data change of the top ten addresses. Recently, the concentration has surged to 92%, with the initial value probably around 95. What does this indicate? Major holders are gradually deploying and adjusting their chips. For traders who like to do swing trading, it’s important to keep an eye on whale movements, especially signals of large-scale sell-offs. Such risks often come unexpectedly.
The 92% concentration ratio is indeed a bit hard to sustain. When big players adjust their chips, it simply means—when the time comes to run, they will do so quickly.
Concentration at 92%, whales are rebalancing their portfolios. To be honest, this pace is a bit frightening. But on the other hand, we also can't play the chip game of big players.
The 92 concentration ratio indicates that big players are still quietly positioning themselves. I'm currently monitoring on-chain data.
Really, don't bother with anything below 100,000; it's a losing game you can't afford to play.
The real test is when whales start selling off. Whoever reacts fastest will survive.
Sunk costs are just a trap, no doubt about it.
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Sunk cost talk is getting old, honestly it's just psychological comfort
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92% concentration is really unsustainable, this is just waiting for whales to dump
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Below 100,000 to discourage newcomers? I think it's afraid of not catching the final baton
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Large holders adjusting chips, retail investors can only stare at the screen waiting for bad news, just thinking about it makes me uncomfortable
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Are you still chasing the reverse arbitrage stage? Isn't that gambling?
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With such fierce data from the top ten addresses, how can you do swing trading? You're doomed to be cut off
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Here comes the "rational analysis" again, but isn't it just to make people keep FOMOing in