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For the LIGHT token, the recent high data is truly astonishing — the Ant Store can earn 1800 times, and there are many hidden issues behind that. From on-chain data, it seems that major investors and early speculators have almost exited, and now most of the shareholders are individual investors. This pattern itself is very fragile — the stability of individual investors' holdings is not fixed, and once market sentiment shifts, panic selling will follow quickly.
Honestly, this token may not have found its true bottom yet. There is a high possibility that the price could drop below 0.1, and the risks of continuing to short are not small. Instead of rushing to buy at the bottom, it’s better to place a limit buy order near 0.1 and watch for opportunities to sell to major investors. Sometimes, patience is more valuable than courage.