12 trader(s) interacted with this token in the last 360 minutes, 2 of whom meet the HIGH/MEDIUM quality bar (convergence shape: broad). 5 were new entrants and 7 were already-observed holders acting again. Observed activity currently favors distribution. Independence of this convergence is assessed as MEDIUM (entries spread over 328 minutes; timing alone does not suggest coordination, but no follow-graph or wallet-clustering data exists to confirm true independence). The signal is very recent. Overall: WATCH with HIGH confidence - confidence reflects sample size and data-quality tier, not the strength of the evidence itself.

Qualifying wallets

2 of 12 relevant

Quality-weighted

2.0

New entrants

5

Existing holders active

7

entries spread over 328 minutes; timing alone does not suggest coordination, but no follow-graph or wallet-clustering data exists to confirm true independence

• 2 of 12 relevant trader(s) meet the HIGH/MEDIUM quality bar (quality-weighted count: 2.0)
• 5 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 (18 total observed entries) - this describes observed participation order within our own data, not entry relative to any price move
• 7 previously-observed holder(s) remained active this window; 3 of them were observed reducing exposure
• current activity rate (~3.2 alerts/hour) is 3.3x this token's own 168h baseline rate (~0.97 alerts/hour)
• 48 distinct traders wrote theses on this token and their own observed trade direction this window does not conflict (theme similarity itself is not analyzed)

• 3 buy event(s) totalling ~$31,000 vs 15 sell event(s) totalling ~$37,312
• sell-side activity dominates by count and USD volume
• 2 previously-observed HIGH/MEDIUM-quality holder(s) were observed selling/reducing exposure this window