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A recent wave of a good rebound has appeared in the market, but some clues are worth paying attention to.
The actions of the WLFI project team have attracted attention. They transferred 2,400 WLFI tokens from their address to a major exchange, worth up to 4.14 million USD. More interestingly, the WLFI team also exchanged their 200 BTC for ETH, a currency switch that usually indicates a certain judgment about the future market trend.
At the same time, the TRUMP project team also made a big move today — depositing 400,000 tokens into an exchange, valued at 2.25 million USD. This transfer is quite large, clearly indicating a liquidation or at least a significant reduction in holdings.
Behind these large transfers, there seems to be a common signal: project teams are cautious about the upcoming market. They appear to view this rebound as a window for reducing holdings rather than the start of a trend reversal. In other words, this might just be a technical rebound, not a sign that the market is about to surge significantly.
With such a large reduction in holdings, the subsequent trend is definitely worth watching.