4 trader(s) interacted with this token in the last 360 minutes, 2 of whom meet the HIGH/MEDIUM quality bar (convergence shape: concentrated). 2 were new entrants and 2 were already-observed holders acting again. Observed activity currently favors moderate. Independence of this convergence is assessed as MEDIUM (entries spread over 203 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 4 relevant

Quality-weighted

2.0

New entrants

2

Existing holders active

2

entries spread over 203 minutes; timing alone does not suggest coordination, but no follow-graph or wallet-clustering data exists to confirm true independence

• 2 of 4 relevant trader(s) meet the HIGH/MEDIUM quality bar (quality-weighted count: 2.0)
• 2 new trader(s) entered who were not previously an observed holder
• 5 buy event(s) totalling ~$67,000 vs 3 sell event(s) totalling ~$3,000
• buy-side activity dominates and is weighted toward higher-quality traders
• 3 HIGH/MEDIUM-quality trader(s) were observed entering before the midpoint of this activity window (8 total observed entries) - this describes observed participation order within our own data, not entry relative to any price move
• 2 previously-observed holder(s) remained active this window; 0 of them were observed reducing exposure
• current activity rate (~1.3 alerts/hour) is 13.2x this token's own 168h baseline rate (~0.10 alerts/hour)

• convergence is CONCENTRATED - a small number of traders account for most observed events, which is weaker evidence than broad independent participation