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2026 starts with this post!Gate 2025 Year-End Gala Square TOP50 List Announced!
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I've been watching MERL's market performance these past couple of days. I didn't really want to say much, but today's on-chain movement of 16 million tokens transferred into Bybit is definitely worth mentioning. After being in the market for a while, you realize that large on-chain actions are never just "accidental misclicks." Especially when they happen right next to an unlock period—moves like this are usually about getting in position early, not wanting to squeeze through the same door as everyone else at the same time.