Sometimes, the danger does not come from the drop, but from the illusion.
A token went live on the third day, and the price steadily rose, with the community full of confidence.
I also thought it was healthy until I took a look with BubbleMaps.
🫧 In the bubble chart, the largest cluster accounts for nearly 40% of the total supply,
with several closely connected small bubbles around it—
The frequent transfers between these wallets are like passing the ball to each other.
📉 This is not the operation of ordinary investors, but rather a typical "control network."
The price seems stable on the surface because they haven't started dumping yet.
This made me realize—token price is just a result, the structure is the reason.
Only by understanding the distribution of funds and the relationships between addresses,
can you see the shadow of danger before others get trapped.
In the crypto world, seeing through the illusion a step earlier gives you more initiative.