Некоторые DEX-управляющие токены внезапно получили 5 миллионов переводов, скрытые потоки в институтах. Смогут ли цены прорваться через 6?

【Crypto Market】A decentralized exchange’s governance token has been quite lively recently — on-chain monitoring detected a transfer of 5 million tokens from governance time-lock to a new address, equivalent to nearly $30 million. Once this move surfaced, the market immediately started calculating: is this an unlock coming? Or is it paving the way for staking and liquidity incentive operations? To be honest, this uncertainty does tend to make people nervous.

From a technical perspective, the price is currently holding steady at the $5.70 support level, which is a solid floor. But if it can break above $6.25, the momentum could push all the way to $9 in one go — at that point, it’ll come down to whether fundamentals or capital flows have more say.

What’s even more interesting is that institutional investors have been making more frequent moves lately, coupled with noticeably improved liquidity in trading pairs on a major exchange, all adding complexity to market signals. Better liquidity certainly makes large entries and exits more convenient, but it also gives various parties more room for positioning games. So whether institutions are quietly laying out positions right now, or taking advantage of the liquidity window to reduce positions — that question still remains unresolved for now.