
On-chain is really not looking good according to data from Nansen. Across all chains, Smart Money seems to be withdrawing: The highest 24H inflow is around $123K, but there are some issues: 1. It's coming from just 3 traders. 2. The token is a brand-new launch. 3. It has a market cap of only around $193K. Even more concerning is the fact that almost everything below the top 3 has less than $25K in inflows. This is VERY VERY poor for a smart money tracker, and it tells us that Smart Money can't find anything worth bidding in this current market. Most of the tokens also have fewer than 10 smart traders buying, so most smart wallets are inactive rn, probably because, again, there's nothing worth buying. Even solana:HcRLc9VDgjLeK154xDawfb1dmVJ98DoSqcwTHGqiDeJR, with the most smart traders (36), has a 30D net outflow of $251K, so there's more money going out than coming in. This is a sign to manage your risk properly, because the people more profitable than you are doing so. I use Nansen to make informed decisions all year long. Register through the link in the comments (and get 10% off) to get started.







