#Esp #Volume Moving Average.

{future}(ESPUSDT)
$ESP The Airdrop Mystery — Who is buying the panic? 🕵️‍♂️📈
Take a close look at volume on the chart.
The spike is massive: exactly when the Airdrop went live, volume skyrocketed to the moon.
What actually happened?
Most users who received their free tokens rushed to sell immediately, fearing a total collapse. The result? Incredible sell pressure that forced the price to test local lows. But here’s the million-dollar question: If everyone sold... who holds all those ESP tokens now? 🤔
The Data Doesn't Lie:
While retail is "dumping" their bags, the smart money is absorbing. Look at the sustained volume after the initial spike—those tokens didn't vanish; they simply changed hands. 🐋💎
Fundamentals backing the play:
Binance Listing: Launched on February 12th with the "Seed Tag", indicating we are in the most explosive phase of price discovery.
Layer 0 (Shared Sequencing): Espresso isn't just another coin; it’s the infrastructure trusted by giants like Arbitrum, Polygon, and Celo to keep their networks fast and secure.
Real Utility: The #esp token is the fuel for the network—essential for staking, securing the decentralized sequencer, and paying protocol fees.
What’s next? The 10% airdrop supply has been "digested" by the market and is now fully unlocked. Historically, once the airdrop panic fades and whales finish accumulating, the bounce-back tends to be violent.
Question for the community: Do you think this was the final capitulation, or are the whales just getting started with their dinner? 🥩👀
#EspressoSystems #AirdropAlert #CryptoAnalysis #JIMMYEVANS