Here's what played out: Major holders were quietly stacking that $1 altcoin when its market cap hung around 7M. Nobody was paying attention yet. Then boom—it rocketed to 30M. That's a clean 4x jump right there.

Retail traders spotted the move around 27M, but here's the thing—lots of them bailed early instead of riding it further. Classic pattern.

Fast forward to now. The big players? They stopped dumping. More interesting—they're back to picking up coins again, though at a gentler pace than before. Not quite the aggressive accumulation phase we saw earlier, but definitely not selling pressure anymore.