Dash faces triple pressures: dormant chips rebounding, token concentration at a high level, and contract holdings reaching a new high

【Crypto World】Regarding the recent situation of Dash, there are several signals worth noting. First, the wave of long-term dormant chips in November may be集中醒来—this indicates potential selling pressure. Looking at on-chain distribution, the top 100 wallets already hold over 41% of the tokens, reaching a ten-year high, and the topic is that the concentration risk of funds is quite high. More striking is the derivatives market, where open interest has approached $180 million, not only hitting a new all-time high but also doubling since November—liquidation risk is at its maximum. These pressure factors stacking together suggest that short-term volatility may not be very mild.