According to @AveryChing, on-chain addresses are “doubling in a month” and he referenced a Nansen Analytics post on X to support the trend (source: @AveryChing on X, Nov 5, 2025; source: Nansen on X). According to the linked Nansen post, this data stream is presented as evidence of accelerating address growth that traders track for signals of rising user adoption and potential liquidity shifts, though the author’s post did not specify exact figures or the specific blockchain involved (source: Nansen on X; source: @AveryChing on X).

According to the source, low-liquidity altcoins are vulnerable to manipulation, with large whale moves and artificial social hype often preceding sharp drawdowns, making proactive monitoring essential for traders; source: public social media post dated Oct 22, 2025; CFTC Customer Advisory on virtual currency pump-and-dump schemes (2018). Actionable detection: track holder concentration and liquidity pool depth in Nansen to identify outsized whale influence and shallow markets; source: Nansen documentation on token distribution and wallet labeling. Check DEXTools for pair liquidity, DEXTscore, and liquidity lock status to flag high-risk tokens before entry; source: DEXTools knowledge base on DEXTscore and liquidity analysis. Monitor LunarCrush social volume and engagement spikes that diverge from on-chain activity to detect coordinated hype; source: LunarCrush methodology and product documentation. Trading implications: thin liquidity and concentrated ownership amplify price impact from large wallets and coordinated social activity, often followed by abrupt reversals; source: CFTC Customer Advisory (2018) and academic research on crypto pump-and-dump coordination by Xu and Livshits (2018). Risk controls include avoiding tokens with shallow liquidity and concentrated top holders, limiting position size, and enforcing strict slippage limits when executing; source: CFTC Customer Advisory (2018) and Nansen documentation on supply distribution.