11 trader(s) interacted with this token in the last 360 minutes, 3 of whom meet the HIGH/MEDIUM quality bar (convergence shape: decaying). 6 were new entrants and 5 were already-observed holders acting again. Observed activity currently favors distribution. Independence of this convergence is assessed as MEDIUM (entries spread over 335 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

3 of 11 relevant

Quality-weighted

3.0

New entrants

6

Existing holders active

5

entries spread over 335 minutes; timing alone does not suggest coordination, but no follow-graph or wallet-clustering data exists to confirm true independence

• 3 of 11 relevant trader(s) meet the HIGH/MEDIUM quality bar (quality-weighted count: 3.0)
• 6 new trader(s) entered who were not previously an observed holder
• 3 HIGH/MEDIUM-quality trader(s) were observed entering before the midpoint of this activity window (13 total observed entries) - this describes observed participation order within our own data, not entry relative to any price move
• 5 previously-observed holder(s) remained active this window; 1 of them were observed reducing exposure

• 2 buy event(s) totalling ~$26,000 vs 11 sell event(s) totalling ~$97,000
• sell-side activity dominates by count and USD volume
• 1 previously-observed HIGH/MEDIUM-quality holder(s) were observed selling/reducing exposure this window

• convergence shape is DECAYING - earlier activity was denser than recent activity within this window
• observed activity density fell across this window relative to its start