🚨 URGENT ALERT – MERL PROJECT (BSC) 🚨
📅 Check time: 25/10/2025 – 15:20 GMT+7
📍 Data source: BscScan, DEXTools
📄 Suspected wallet address: 0xbdccAFB2...9D1124228
💰 Holding ratio: ~2.43% of total supply (~836,000 USD)
⚠️ Abnormal behavior detected
- In the last 20 seconds, wallet #5 executed more than 20 consecutive transactions, mainly OUT through Binance: DEX Router (0x810c705b).
- Continuous dumping of MERL tokens, split into multiple transactions showing signs of automated bot behavior to avoid being tracked.
- The flow of funds moves to many intermediary wallets (such as 0x9a77…, 0x33C37…, 0xcA85…), then forwarded to the DEX router — a common model of silent token distribution behavior.
- The total value of OUT tokens far exceeds the amount of IN → confirms a clear trend of liquidation.
🚨 Initial conclusion
- The 5th largest holder of MERL is engaging in systematic dumping behavior, likely gradually releasing tokens into the market through DEX bots.
- This is a serious risk signal, indicating large amounts of capital are leaving the project.
💡 Recommendations after On-Chain analysis
1. Temporarily avoid buying in.
2. If already holding MERL, need to monitor wallets #5 and #1 in the next 24 hours to determine if the liquidation trend spreads.
3. Only consider returning when liquidity has been confirmed to be locked and automated selling has stopped.
🧩 Insights after On-Chain analysis
1. The MERL project is facing a high short-term dump risk, stemming from a whale wallet exhibiting continuous dumping behavior.
2. On-chain capital flow indicates a potential transition from “accumulation” to “distribution”.
💬 Analysis by Mktgroup-Team | “On-Chain does not lie.”
#merl #BSC #BinanceFeed #MemeCoinRisks #RugPullWatch