Yesterday we talked about $SAHARA and the possibility of increasing volume.
In scam-style tokens, transfers between side wallets and cold wallet movements often lead to short-term upside. And that’s exactly what happened.
After my post, price moved from around 0.032 up to 0.04.
Unfortunately, while I was offline, there were heavy outflows from Bitget cold wallet and a series of complex bridge transactions between team wallets that are hard to track in real time.
We are still around 17 days away from the major unlock. I originally expected the downside closer to that date, but it happened much earlier.
Bad timing on my side, I couldn’t take the short position.
Keep an eye on $BEAT and $LAB
These will be next $H
Im tracking all wallets closely. Hopefully we catch the move before the drop happens.
✓ Join the TG group
✓ Turn on notifications
Otherwise you’ll just end up reading a ZachXBT post after the dump.
https://t.co/7sDnrsfCJg
What I find funny about ZachXBT is how he usually shows up either at the very top of the move or after a token has already dumped 90%. $H $LAB $RAVE
During the pump phase, when the scam signals are actually more visible, he’s often not around. But once the damage is done, the posts come in.
You don’t really need a 90% crash to understand some of these tokens are scams, most of it is already obvious during the run-up if you know what to look for. @zachxbt
The main reason I even pay attention is simple: he has a massive following, and his posts can actually move the market.
Still, I don’t really understand why he has such a large audience in the first place.
What happened on $H ?
The OTC situation.
We saw a drop of over 90% yesterday, basically ending the scam-style pump. If you're trading these kinds of tokens, this is exactly the kind of reality you need to expect.
And honestly, exchanges don’t seem to care much about these dynamics.
The wallets I mentioned yesterday were actively selling before the crash. What caught my attention earlier were the Sablier unlock notifications, which likely pointed to OTC distribution. From what I’ve gathered, this is now being confirmed.
In these days, OTC deals in these “scam-style” tokens have increased a lot. Reports suggest deals were made around 0.35 when price was above 0.6.
The main unlock is on June 25.
And here’s the key part: even OTC buyers at 0.35 got trapped in this dump. When unlock hits on June 25, many of them will likely be forced to exit at a loss. I doubt there’s much trust left in the team at this point.
If someone says “the team didn’t sell, it was a hacker,” I honestly wish them luck with their mental health. These narratives are getting too predictable.
For context, $LAB also had similar OTC structures, with rumored deals around $1–3. Their unlock is on August 14.
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I wasn't online, but both wallets are still selling.
We're a bit late to the move, but they're worth keeping an eye on.
Wallet 1:
0xd1ea823d421e0c829ee11f772af487fd352678ea
Remaining balance: 135M $H
Wallet 2:
0x9e995952eF7665B243eeEF0693acD7FEd7150504
Remaining balance: 13M $H
$H is seeing a major dump.
This wallet continues to sell.
It still holds around 15M $H, worth approximately $4 million at current prices.
Address:
0x9e995952ef7665b243eeef0693acd7fed7150504
Could $SAHARA Be the Next $HOME?
A few days ago, we talked about the upcoming HOME token unlock on June 10.
An amount equal to roughly 20% of the circulating supply is set to unlock. What happens after the unlock is hard to predict, but one thing is clear: before the event, the price nearly tripled in a short period of time.
Now HOME seems to be stabilizing around the 0.03 range.
SAHARA also has a major unlock approaching.
On June 26, an amount equal to roughly 30% of the circulating supply will be unlocked.
I think there's a reasonable chance we could see a similar pre-unlock rally, just like HOME experienced. This pattern has become increasingly common recently.
Another thing that caught my attention is that Bitget cold wallet appears to be accumulating.
That's why SAHARA is currently on my radar.
An hour ago, 100M $LAB moved from Bitget wallet address to this wallet. ($1.2B)
0x955a963BCcC4ae2e06C5154A5f9de1C5DC301888
No sells but worth watching.
80M $SAHARA moved to Bitget Cold Wallet.
150M $SAHARA moved to team side wallet.
There might be something going on with the SAHARA token as well.
Volume could start coming in.
The Big Unlock is Getting Closer $HOME
Volume remains extremely high.
As we get closer to the token unlock on the 10th, we're seeing more and more pump-and-dump style moves.
Funding rate has been negative for days, with shorts continuously paying longs every hour.
For now, there are significant whale orders sitting between 0.037 and 0.039.
If the price moves lower, the most notable area on the liquidation heatmap is around 0.04.
For faster updates and more detailed alerts, you can join the group using the link below.
PiggyBank's post today brought some volume back into lab:native
I had previously flagged the OTC situation and pointed to August 13–14 as the key dates, and the date PiggyBank mentioned in his post lines up exactly with that.
I still don't see LAB going to zero before that date.
Please read the post I quoted.
$HEI - The Next $MYX?
Today, Heima team announced that the supply burn vote has officially concluded and that the burn will be executed within the next 60 days.
Following the announcement, $HEI surged nearly 100%.
Funding remains negative, and short positions continue to fuel the move.
I previously shared the scam token $MYX when it was at a similar market cap. Coincidentally, I also caught $HEI around the same stage.
Holding it is extremely difficult.
I’m holding it fully aware that it’s a scam-style project, simply because I’m curious whether it can be manipulated into another absurd move higher.
The setup is highly susceptible to manipulation. Especially over the last two weeks, volume has been unusually high relative to its market cap.
*This is for scam hunters only. It is not a safe trade. You can lose all of your money.
Short squeeze still possible?
Binance will delist 4 tokens on June 19. I’m watching all 4 tokens very closely because I’ve seen similar situations many times before.
In the past, delisting announcements caused heavy sell-offs, followed by absurd rallies. This tends to happen more often with spot delistings. Of course, nothing is guaranteed, but if one of these tokens experiences a strong short squeeze, history suggests that the other delisted tokens could follow.
These tokens have very low market caps. That means price movements can be extremely violent in both directions. You could make a lot of money, or lose a lot of money. Trade accordingly.
$HIGH
Mcap: $8M
Based on the liqheatmap, the first major target is around 0.14.
With a strong short squeeze, a manipulative move above 0.30 is possible.
$D
Mcap: $4.5M
Based on the liqheatmap, the first major target is around 0.008.
With a strong short squeeze, a manipulative move above 0.016 is possible.
$MBOX
Mcap: $4.1M
Based on the liqheatmap, the first major target is around 0.15.
With a strong short squeeze, a manipulative move above 0.23 is possible.
$COS
Mcap: $3.8M
Based on the liqheatmap, the first major target is around 0.015.
With a strong short squeeze, a manipulative move above 0.024 is possible.
Important note: A short squeeze is NOT guaranteed.
I simply wanted to explain what could happen based on similar situations I've seen many times in the past.
For more updates, you can join us through the link below.
*Update: $COS
Based on the liqheatmap, the first major target is around 0.0015.
With a strong short squeeze, a manipulative move above 0.0024 is possible.