I wonder what the motives of the seller are. It’s not rational in my opinion. The seller could sell for a much higher price if he’d just let DESO do its thing. 🤷🏼‍♂️

It’s the typical form of wyckoff accumulation:

“Psychology of Accumulation: During the accumulation phase, smart money investors are accumulating positions while minimizing price impact. This period often involves a shift from weak hands (sellers) to strong hands (buyers).”

Imagine holding this all these years while it could have made exponential gains elsewhere. Don't miss out on the rest of the bull.

Separating the signal from the noise. Accelerating the Web3 space. Passionate about individual data sovereignty. Will post about insights and self-reflection from my journey as an investor.

Don’t take anything I write or say as financial advice.