[GUEST ACCESS MODE: Data is scrambled or limited to provide examples. Make requests using your API key to unlock full data. Check https://lunarcrush.ai/auth for authentication information.]  Wide Open Truth [@wideopentruth](/creator/twitter/wideopentruth) on x 2767 followers Created: 2025-05-17 06:33:21 UTC A few thoughts on @binance accumulating $velo for more than a year. I have been trading velo for more than a year now and i can tell you i could visibly move the market price with just a 100k coins order. visibly. when you want to accumulate hundreds of millions of coins like that you need to do it over a long time without stirring things up too much. it's not the value in dollars that's important here. remember there are only some X billion coins in circulation. the aim at this point is to load on coins for future use. the high trading volume of VELO does not come from people buying or selling, it's some automated process already deployed that does it. as i said before, even a 100k #velo order moved price visibly Remember, @binance have only been buying $velo little by little. if you understand how these markets work, you know what i am talking about. when someone like binance is in there trying to accumulate like they have, you see the price pumping and smashing you have been seeing for the last year. they are most likely manipulating it so that long term people get to perceive #velo as a risky investment not worth your time Don't look at the dollar value of their stash right now, that's misleading. What you need to consider is that the amount of coins in circulation is really limited. A 580+ million position out of X billion coins in circulation is a BFD. XXXXX engagements  **Related Topics** [coins](/topic/coins) [binance](/topic/binance) [$velo](/topic/$velo) [velo velodrome finance](/topic/velo-velodrome-finance) [coins bsc](/topic/coins-bsc) [coins exchange tokens](/topic/coins-exchange-tokens) [Post Link](https://x.com/wideopentruth/status/1923627882456416475)
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Wide Open Truth @wideopentruth on x 2767 followers
Created: 2025-05-17 06:33:21 UTC
A few thoughts on @binance accumulating $velo for more than a year.
I have been trading velo for more than a year now and i can tell you i could visibly move the market price with just a 100k coins order. visibly. when you want to accumulate hundreds of millions of coins like that you need to do it over a long time without stirring things up too much. it's not the value in dollars that's important here. remember there are only some X billion coins in circulation. the aim at this point is to load on coins for future use. the high trading volume of VELO does not come from people buying or selling, it's some automated process already deployed that does it. as i said before, even a 100k #velo order moved price visibly
Remember, @binance have only been buying $velo little by little. if you understand how these markets work, you know what i am talking about. when someone like binance is in there trying to accumulate like they have, you see the price pumping and smashing you have been seeing for the last year. they are most likely manipulating it so that long term people get to perceive #velo as a risky investment not worth your time
Don't look at the dollar value of their stash right now, that's misleading. What you need to consider is that the amount of coins in circulation is really limited. A 580+ million position out of X billion coins in circulation is a BFD.
XXXXX engagements
Related Topics coins binance $velo velo velodrome finance coins bsc coins exchange tokens