A recent notable signal is that the upward momentum has shifted from purely emotional speculation to concentrated buying by large addresses. When it broke $700 million on June 1, it was mainly driven by a trader (0x82) purchasing nearly $5 million. Although this rebound did not clearly indicate a specific trader, it shows that there is still capital willing to absorb at high market caps, which is somewhat different from the usual meme coin "pump and dump" pattern and may suggest that some funds view it as a long-term play related to CZ's narrative.