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Recently, the DEV project has been quite interesting. Normally, a market cap of $300,000 should be considered a niche presence, but surprisingly, someone has withdrawn over $100,000 from it in one go. Even more outrageous is that it's not just a single large purchase, but multiple wallets operating — it looks like someone is coordinating and planning.
This phenomenon is quite common in small-cap coins, but every time I see it, I still get a bit nervous. It could be that the project team and the funders are testing liquidity, or it could be that some big players are preparing for subsequent moves. A market cap of $300,000 is actually quite fragile, and such a volume of funds entering the market can have a very significant impact on price fluctuations.
Multi-wallet operations usually imply coordination behind the scenes, and don't seem like typical retail investor behavior. It’s important to keep an eye on the project's subsequent developments to see whether it is truly supported by fundamentals or just a short-term capital game.