MON is showing a 5% bounce after getting hammered 28% last week—but is this a real recovery or just whales setting a trap?

The numbers look conflicting. Sure, MON climbed nearly 5% in the past day, fueled by $6M in fresh staking capital through a major exchange partnership with Chorus One. New perpetual listings are creating buzz too.

But here's the catch: massive sell-offs from large holders continue. Network activity? Still weak. The volume spike feels more like exit liquidity than genuine demand.

Staking inflows might temporarily prop up the price, yet the underlying fundamentals haven't changed. When whales are dumping while retail is buying the dip, history rarely favors the small guys.

Watch the next 48 hours closely. If MON can't hold above this bounce level with actual usage growth, we're likely looking at another leg down.