Just checked the on-chain data again, and I also saw a “coincidental transfer”—a large wallet gets broken up into smaller ones, with three addresses in between, and then everything ultimately gets stacked into a new protocol’s pool. Honestly, you’ve seen this kind of route too many times for it to be real coincidence—most likely it’s arbitrage for profit or they’re preparing to farm incentives. Recently, several new L1/L2 projects have run events; the old hands were complaining about “mine-to-sell,” yet they were also adjusting their positions overnight—this kind of move is all too familiar.

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