14 trader(s) interacted with this token in the last 360 minutes, 2 of whom meet the HIGH/MEDIUM quality bar (convergence shape: emerging). 8 were new entrants and 6 were already-observed holders acting again. Observed activity currently favors mixed. Independence of this convergence is assessed as MEDIUM (entries spread over 283 minutes; timing alone does not suggest coordination, but no follow-graph or wallet-clustering data exists to confirm true independence). The signal is recent. Overall: INVESTIGATE with HIGH confidence - confidence reflects sample size and data-quality tier, not the strength of the evidence itself.

Qualifying wallets

2 of 14 relevant

Quality-weighted

2.0

New entrants

8

Existing holders active

6

entries spread over 283 minutes; timing alone does not suggest coordination, but no follow-graph or wallet-clustering data exists to confirm true independence

• 2 of 14 relevant trader(s) meet the HIGH/MEDIUM quality bar (quality-weighted count: 2.0)
• convergence shape is EMERGING - additional quality participants appeared after the initial entrants
• 8 new trader(s) entered who were not previously an observed holder
• 1 HIGH/MEDIUM-quality trader(s) were observed entering before the midpoint of this activity window (28 total observed entries) - this describes observed participation order within our own data, not entry relative to any price move
• 6 previously-observed holder(s) remained active this window; 0 of them were observed reducing exposure
• current activity rate (~5.0 alerts/hour) is 6.2x this token's own 168h baseline rate (~0.80 alerts/hour)
• 23 distinct traders wrote theses on this token and their own observed trade direction this window does not conflict (theme similarity itself is not analyzed)