$AKE

Major events
1、Whales pump and distribute
On-chain data shows that the top ten addresses control more than 70% of the supply. Recently, these addresses have been transferring assets to exchanges in small amounts and at high frequency through “shadow wallets.” At the same time, the number of retail addresses holding between 100k and 5M tokens has surged by more than 300% within 48 hours, showing a typical “high-position distribution” pattern. This sudden change cannot be attributed to macro or industry news; the main driving factors come entirely from on-chain behavior and community expectations.
2、Token unlock battle
The community widely discusses the upcoming token unlock event, believing that the current pump is to attract liquidity before the unlock so that the project team and early investors can sell. Some believe the price has been pumped by more than 600x and recommend that longs exit before the unlock. The unlock calendar shows linear unlock plans among the community (31.5%), investors (25%), early contributors (15%), and others.
3、Short squeeze leading to liquidations
The community mentions that whales “squeeze the shorts” by pumping the price to profit from the derivatives market. In the past 24 hours, more than $10.59 million in short liquidations have occurred. The current funding rate is as high as 0.05041%, placing it in an overcrowded long range. The taker buy/sell ratio of 1.05 indicates that active buy orders have a slight edge, but the long/short ratio is only 0.37, and retail sentiment is overall bearish.
4、Users question manipulation
Community users accuse the AKE project of whales using multiple accounts to pull prices up and then dump them, extracting from both the long and short sides. Retail users—especially “air force” shorts—are trapped, and they are raising questions about the project’s fairness.