On-chain data has long revealed everything. There is no secret to holding information—major project teams monitor on-chain transactions and have already grasped the movements of both large and small investors. That’s why: when most people are still steadfastly holding, the price often enters consolidation and sideways trading. Once holdings start to loosen and sell signals appear on-chain, it can instead trigger rapid price increases. This counterintuitive logic may seem strange, but it has been repeatedly validated by market data. Recently, I reviewed the annual on-chain analysis report, which detailed the correlation between large holdings changes and price movements, further confirming this point. In other words, if you want to profit in the crypto market, rather than hiding your holdings, it’s better to understand that the holding data itself is telling a story.