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There has been an interesting on-chain data point these days—after remaining silent for half a year, a certain whale address suddenly transferred 150 million SAHARA tokens all at once to a major exchange. It sounds like a signal to sell.
The numbers are a bit painful. This batch of tokens is now worth about $4.2 million, but when they were originally acquired, they were worth $12.18 million. Calculating this, if this person really intends to sell, they would face a loss of nearly $8 million. From nearly $12 million down to $4.2 million, such a plunge is hard for anyone to accept.
Interestingly, choosing to act at this time—whether out of forced stop-loss or impatience for SAHARA's rebound—is uncertain. Large transfers on the blockchain often hint at something. Anyway, for those still holding SAHARA, this signal is worth pondering.