$FET has entered the distribution area. Those who are holding should read it

A bigwhale wallet address has collected a large number of AI goods including $RNDR $AGIX very strongly at the foot of the uptrend wave in August-October, collected extremely strongly and gradually distributed to the exchange.

Specifically, in recent days, $21M has been transferred to #Binance 

So have they distributed yet? Or just deposit and withdraw for fun?

Looking at the data on the floor #Binance  there was a discharge force from the purple Oder

(100k - 1M). However, there was support from the brown Oder order (1M-10M) to support the price, but overall the purple Oder order was very low.

It is estimated that in the consolidation period the price is 0.2x, there are many big players collecting with an amount of several million dollars and have earned more than x10, so the pressure to take profits at this stage is there.

Unlike the phase 0.6$ purple oder frantically gathered more to prepare for in wave 3 => this area is no longer safe to accumulate more and you hold for profit so proactively finalize other potential projects.

In addition, the market context is preparing to enter wave 3 of the uptrend which will continue to increase but the uptrend is no longer interesting as Fet is gradually entering wave 5 in the near future.

The NDVA financial report has released all the good news, the news of consolidation between Fet $OCEAN $AGIX and the price no longer reacts enthusiastically.

Note: Distribution does not mean that it will collapse strongly now. The dealer can continue to push the bait to create liquidity to sell more goods at better prices.

The wallet address I gave you still holds 40% of the supply Fet and $RNDR $AGIX and the other AIs are still intact with no signs of distribution.

According to my observation Fet it can go up to $10 because there are still quite a lot of large undistributed goods. However, the road to $10 is difficult.

Wishing you a happy start of the week$FET