Does the distribution have anything to do with the price movement? Only 1mm coins and more than 50% are held in the top 10 addresses and I suspect 1 person holds at least 27%. I have to believe the insiders know who the big dumpers are. Sorry, that's just the way I feel right now.
Agreed. I saw some people claiming to have 5-10k CGB in this thread. Thats 1% of the eventual supply alone.
No clue why you would liquidate at such a low level though unless you were intending to later pump up the price.I don't know but the distribution needs to be much wider or whales are continuously going to look for price spikes to dump on.