🚨 BREAKING: U.S.–Iran tensions are back in the spotlight.
Reports suggest fresh developments around the Middle East conflict, keeping global markets on edge. Oil traders are watching closely as any escalation could impact energy prices and risk assets worldwide. $RE
Crypto traders, stay alert. Geopolitical headlines can move markets faster than charts. $BEL
Just noticed something worth flagging on $RE 's top holder distribution:
3 wallets none labeled, none showing prior transaction history together hold ~50% of total supply (~$367M):
20.00% (146.87M) 16.53% (121.39M) 13.47% (98.92M)
No vesting contract attached to these (unlike the Hedgey Finance lockup also in the top holders). No prior on-chain activity before receiving these tokens.
Could be team allocations. Could be a custodial setup. Could be something else.
Not claiming anything just think holders deserve visibility into this before forming opinions.
Would be good to hear from the team on what these wallets are.
$RE : 0.81 FIRST OR 0.60 FIRST? Right now, the liquidation map is showing a clear battle zone.
A massive cluster of short liquidations sits around $0.81.
On the downside, there's also liquidity waiting between 0.60 - 0.62.
At the moment, the RE short side holds more liquidity, which means market makers may have more incentive to push price higher and hunt those shorts first.
If momentum continues, a squeeze toward 0.81+ wouldn't surprise me. Watch the $RE liquidity. It often tells the story before the chart does.