The main $neiro holders have transferred a large amount of tokens to Bibit. It is causing concern in the market. Blockchain tracking service Lookonchain reported its trend research. This is the entity that holds 67.08% of $neiro’s supply. We deposited 129 million tokens worth around $10 million. The transfer occurred within a 40-minute window and was split into multiple wallets.
The data shows three notable deposits. The 51.1 million tokens worth $3.97 million, 28.2 million tokens worth $2.19 million, and 49.7 million tokens worth $3.86 million. Everything was sent from the Trend Research-Controlled Wallet to a Bybit deposit address. The sudden influx encouraged speculation about whether the whales were planning to sell. Given the size of the position, this movement can affect both price stability and market sentiment.
Accumulation pattern before transfer
Trends research is one of the biggest $neiro accumulators in recent months. Between March 24th and August 23rd, the entity retracted 670.75 million tokens from the exchange. Purchases are spread across 14 wallets. It averaged $0.083 per token, totaling $55.55 million. That accumulation represents 67.08% of the total supply. Effectively centralizes asset control in the hands of a single entity.
Past transactions have shown studies of the trend of millions moving into wallets from exchanges such as gates and bybits. Many of these transactions occur in clusters and refer to systematic acquisition strategies. The latest reversal of funds to the exchange suggests a change in strategy. It remains unknown if the whales are about to sell it. The size of the holdings creates uncertainty among investors.
Risk of a large-scale sale
Crypto Market observers are currently discussing the outcome if the whales decide to sell. Trader Vince Crypto, commenting on the situation, said the impact was beyond prices. If trend research lost its position, he described the “core of confidence.” According to him, the concentration of the supply produces a double-edged effect.
On the one hand, strong accumulation can raise prices during the upward trend. One major sell order can erase a few months’ profit within minutes. That risk is driven by the fact that trend research holds more than two-thirds of existing tokens. Even a partial sale can overwhelm the liquidity of the buy-side. It may trigger a cascade clearing across the levered location.
Community Concerns about Centralization
This situation also reignites concerns about token centralization in the crypto community. A single entity controlling such large supply poses governance and liquidity risks. Holders fear that decisions about the future of the token could be dominated by a single player. The deposits on the Bibit add to anxiety. Investors are worried that the presence of 129 million tokens in liquid exchange could lead to sudden selling pressure.
Even if trend research isn’t on sale soon. The possibilities alone can put a heavy burden on market psychology. Some market watchers argue that entities may simply be redistributing assets or preparing for staking or liquidity programs. However, others see this move as an early signal of profit or loss reduction. Uncertainty highlights the fragile balance between accumulation-driven growth and centralized control risks.
Neiro’s outlook
The $neiro market is currently facing significant testing. If whales are on sale, the token price can drop sharply. If your deposit is a move that isn’t on sale, your confidence can gradually recover. Market participants will closely monitor trend research wallets over the next few days. Currently, the lack of clarity keeps the market cautious. The next move by the largest owner could set a short-term direction tone for $Neiro. Trust is at the heart of the problem.
Investors not only watch price action, but also assess the fairness of the distribution of tokens. As Vince Crypto pointed out, supply concentrations can be held responsible when market sentiment changes. Whether Trend Research has chosen to sell, retain, or redeploy tokens. This episode highlights the fundamental truths in the crypto market. Decentralization is important not only for technology, but also for token ownership.
