2025-12-31 00:25:44

You jump into a coin you genuinely believe in—no homework, just vibes. Few minutes later you're scrolling through the holders list. Top 20 are all brand new addresses. Fresh wallets everywhere.

That sinking feeling hits different. You just realized the majority of liquidity is sitting with newcomers who probably got in at the same time as you. No diamond hands here. Just a stack of people looking for their first 10x.

It's the classic pattern: hype builds, retail piles in without checking fundamentals or holder distribution, concentration risk shoots through the roof. When any of these fresh holders start taking profits—and they will—the floor can disappear fast.

Lesson learned the hard way: before you YOLO into a token you love, at least glance at who's actually holding it. Whale distribution matters. Fresh holder dominance? Major red flag.

TOKEN-25.3%

This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.

15 Likes

Reward
15
4
Repost
Share

Comment

0/400

hodl_therapist

· 6h ago

Bro, the moment I saw that the top 20 are all new wallets, I knew this ride was going to crash.

View OriginalReply0

SchrodingerAirdrop

· 6h ago

Oh no, this is my blood, sweat, and tears story. It really hits close to home.

View OriginalReply0

FUD_Whisperer

· 6h ago

It's the same old trick, new coins and new wallets piling up. Can they avoid it this time?

View OriginalReply0

AltcoinHunter

· 6h ago

Oh my, it's the same old story. Last time, I got caught by this trick too. --- Looking at holder distribution has really saved me several times. Now I can tell at a glance whether it's a gathering place for bagholders. --- Exactly right. Going all-in without doing homework deserves to be taught a lesson. --- We should pay attention to the clustering of new wallets; otherwise, one day it will become the last to take the bag. --- That's why I now check whale wallets first before looking at the white paper. It's more effective. --- A typical zero-sum game. Beginners still think they've made a profit, but they're just waiting for the dump moment. --- So my rule now is: if a new address exceeds 70%, just pass. Even if I like it, I won't touch it. --- It's always like this. The most dangerous time is when everyone is shouting about consensus. Retail investors are still calling for a bull market, but whales have already left.

View OriginalReply0