2025-12-19 15:21:48

A governance proposal from a leading DEX has entered the final voting stage, and the market response has been quite enthusiastic. The core of the proposal is to burn 100 million tokens and permanently activate the fee switch, allowing protocol fees to continuously buy back and burn tokens, creating a dual effect of deflation and value capture.

From market trends, a whale claiming to be the largest short seller of this token recently closed over 40% of its short positions, locking in a profit of $1.22 million before exiting. This move indicates a strong market expectation that the proposal will pass. After the announcement, the token price surged by approximately 10 points in the short term, with significant capital seemingly betting on the voting outcome.

On the technical side, the price repeatedly tests the critical level at $5.200, with support zones at $5.060 and $4.850 appearing relatively solid. The secondary indicator shows that bullish momentum is gradually accumulating. From a trading perspective, cautious traders can continue to observe the voting progress and key price levels; while more risk-tolerant traders may attempt to participate with 10-20% of their positions within the $5.200-$5.060 support zone. The final voting result is crucial—if passed, it may lead to a direct breakout; if not, a pullback pressure is likely. Stay calm in judgment and seize every market opportunity.

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StopLossMaster

· 2025-12-22 08:05

The shorts have all closed their positions, this signal is pretty obvious, right? --- Destroying 100 million coins? It's the same deflation story, how many times have we heard it? --- Big funds just need to place their orders, and then we wait for the voting results. --- 5.2 has been tested repeatedly, the bottom is still solid, it's time to take action. --- 40% of the short positions have been closed, smart money has already caught the scent. --- Deflation + buyback sounds sexy, just afraid it's another scheme to play people for suckers. --- If the vote passes, we break out directly; if it doesn't, just wait for the plummet. --- This wave will either take off or dump, there’s no middle ground. --- With the support level being this solid, I'm starting to doubt it a bit. --- The shorts with a 1.22 million profit have all run away, what are you still hesitating about?

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TradFiRefugee

· 2025-12-19 15:52

Even the bears are fleeing for their lives, this signal is absolute. Finally, someone dares to play the real deflationary mechanism. I laughed when the vote didn't pass; big funds have just messed up this round. Will the critical point at 5.2 break or not, directly determining life or death, so boring. This is the move I've been waiting for, going all in on that day. Feels like I'm about to be cut again, but I still have to go in.

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CommunityWorker

· 2025-12-19 15:52

Whale closes 40% short positions, this signal is quite strong Even the giant whales have given up, what are we still hesitating for Burning 100 million coins? The deflation logic does hold up The key is how the final vote turns out, don’t be fooled by fake breakouts Repeated testing at the 5.2 level, it’s a bit like probing the bulls’ resolve Betting on a breakout, entering at 5.06 to try our luck isn’t too much If the proposal fails, us retail investors will have to cut our losses again The voting result is the real catalyst, everything else is just superficial I heard big funds are buying aggressively, the bullish momentum is indeed building up If this deflation mode really kicks in, there’s long-term potential and room for imagination

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gas_fee_therapist

· 2025-12-19 15:36

All the shorts have been closed, now we're in trouble.

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