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Something has been on my mind about these repeated $VLAD pumps and wicks, and the more I watch the wallets, the more interesting it gets.
@vladhood_@vladtenev
$VLADHOOD
0x92d176ccbeeffecd8089e841d09ea17b6c22d969
We've recently watched this thing explode from the lows to $400K, $500K, $600K, wick toward $700K and $800K, and even flirt with $1M before coming back down.
At first, it's easy to look at that and simply see pumps and retraces.
I'm starting to look at it differently.
What if some of these moves are stress tests?
Think about it.
If you're a whale considering putting serious money behind a microcap, one of the biggest things you want to understand is the supply above you.
What happens when you move the chart?
Who sells at 2X?
Who sells at 3X?
Who dumps at 5X?
Who tries to swing it and buy back lower?
And most importantly...
WHO DOESN'T SELL?
I've been watching the top wallets.
And something has become very noticeable.
The wallets sitting at the top with roughly 3% allocations have repeatedly watched these massive wicks happen...
and they're still sitting there.
They aren't dumping into the pumps.
They aren't unloading because the chart suddenly goes vertical.
They aren't disappearing when the opportunity to take substantial profits presents itself.
I'm also a top holder, and aside from a tiny test transaction at the very beginning to make sure everything functioned properly, I haven't sold either.
That's conviction.
Now, I'm not claiming I know who's behind every move or that every pump is intentionally designed to test holders.
But I absolutely believe sophisticated traders watch this stuff.
Wallets are public.
Distribution is public.
Liquidity is public.
Holder behavior is public.
So whether these moves are deliberately engineered as stress tests or simply have the same EFFECT as stress tests, every violent move gives the market more information.
Push it up.
See who sells.
Bring it down.
See who panics.
Push it higher next time.
Watch again.
Eventually you start learning something extremely important:
Where is the REAL available supply?
Having several large wallets isn't automatically a weakness if those wallets belong to committed holders with a long term vision.
I've watched projects where individual top holders controlled significant percentages of supply worth hundreds of thousands, sometimes millions of dollars, and remained incredibly disciplined.
Those holders can become anchors.
And that's what makes the behavior of the $VLAD top wallets interesting to me.
If several of the largest holders continue refusing to sell through 3X, 4X and 5X moves, then a meaningful percentage of the supply is effectively being held by people who have already demonstrated that relatively small pumps aren't enough to shake them.
Meanwhile, some of the less committed positions continue getting flushed out and redistributed.
Think about what that potentially creates over time.
Stronger hands.
More distributed supply below the largest holders.
Fewer people waiting to dump the first decent candle.
And top wallets that have repeatedly demonstrated conviction.
Then one day, instead of a short burst of volume, imagine sustained volume arrives.
New buyers come in.
Larger whales arrive.
The narrative catches attention.
Liquidity gets deeper.
And buyers start competing for tokens.
If the largest holders STILL aren't selling...
the market has to keep searching higher for somebody who will.
That's when things can get interesting very quickly.
Maybe some of these wicks really are whales playing whale games and testing the holder base.
Maybe they're simply giving us the same information accidentally.
Either way...
$VLAD keeps getting stress tested.
And so far, the wallets at the very top keep answering the same way:
We're still here. 🏹🚀🚀🚀
Sometimes the most important thing happening on a chart isn't who's buying.
It's discovering who refuses to sell. 🤷♂️
@MEADGod Communities always here and you are the one who can safe the community. As long as you develop the skills and knowledge necessary to give the community best environment to work and build. PONS lanuchpad should be number 1 launchpad on RH and V2 is the future of geneuine CTO.
Keep building!
Broccoli's buy and burns are cooking fast. 🥦🔥
Over 600k $Broccoli tokens burnt in the last 2 weeks by @four_meme_
Total supply burnt: 63,416,145 $Broccoli
Value: $666k USD
Burn wallet: https://t.co/0K8rpqE8sH
After reading up on the lore of $LUCY.... then calculating how early we are in the potential scale of XPL....
I am completely convinced that $LUCY will move mountains.
I'm in x10000...See you all at the top 🫡