$AXS Final warning.

Analysis of trading data from 11/23 to present:

1. Unusual developments:

- Net outflow is continuously negative and large:

+ -591K AXS

+ -220K AXS

+ -118K AXS

- Large traders sell more than buy:

+ Sell/Buy ratio > 2:1

+ Selling pressure from all size orders

2. Signs of "pump before dump":

- Volume spikes during uptrends

- Margin debt growth has an unusual spike

- Long-short ratio drops sharply after each pump

- Isolated margin borrow ratio has a peak

3. Developments after the layoff news 11/23:

- Price does not decrease but increases abnormally

- Volume spikes

- Large traders continue to net sell strongly

- Retail FOMO after bad news

4. Conclusion:

- Data supports the pump & dump theory

- This could be "dead cat bounce" before the crash

- Whales are taking advantage of the high prices to sell

- Retail is being led into a bull trap