$RIVER RIVER's chip distribution is worth paying attention to. The core addresses control 69.84% of the circulating supply, and have been continuously adding 28.413 million tokens over the past three days. The top three holders together account for nearly 80% of the chips. This highly concentrated structure means that retail investors have almost zero pricing power — the price movement is entirely determined by large holders.

Looking at recent price performance makes this clear. It dropped from 23.877 to 11.503, then quickly rebounded to 19.109, with a single-day increase of 17.89%. This V-shaped reversal pattern is very common: first, a dump to shake out retail investors, then a rally to attract new buyers, followed by repeated oscillations at high levels to harvest profits. Both long and short retail traders cannot escape this cycle.

Even more interesting is the 171.24% increase over 30 days — it sounds crazy, but in reality, it’s a false rally created by chip monopoly. Large holders lock in their positions to create a sense of scarcity, while exploiting volatility to repeatedly harvest funds within the market. This is not market competition; it’s a one-sided crushing under unequal capital sizes.