Is the SLERF surge myth about to be shattered? The market maker is luring in retail investors while running away; entering the market now is just picking up the scraps!
Wasn't SLERF just putting on a show of 'getting rich overnight'?
The story of the founder accidentally destroying liquidity while the community shouts 'the fairest Meme coin' is still fresh.
But the on-chain data has already shown a sinister side—concentration of holding addresses has surged, and large wallets are quietly reducing their holdings, which is clearly a signal before the harvest!
Market Maker Inquiry - Gong Zonghao: BTC market maker monitoring flow
Don’t be fooled by the occasional price spikes; the pressure zones of 0.097-0.098 and 0.159-0.162 have long become death ceilings, with each surge being met with a brutal downturn. The market maker's bullish strength is clearly waning, yet they deliberately create the illusion of 'another wave to surge', just waiting for the retail investors to shout 'ALL IN' so they can clear their positions with one click!