#比特币对比代币化黄金 $FHE For this asset, my attitude is to watch from the sidelines and not go in heavy. The on-chain data is clear—the top five addresses hold over 69% of the tokens, and three-quarters of them are still locked.

What does this mean? Every time the price pumps, it's most likely those whales looking for someone to take their bags. When those locked tokens start unlocking later on, the risk of them dumping is pretty high.

So my strategy is simple: get in and out quickly, take the short-term gains, and leave. Don’t be greedy, and don’t try to outwait the big players. If you want to keep up, you need to keep a close eye on the unlocking schedule and on-chain activity.