I took a deeper look at SPSC's holdings structure, and it's really quite interesting. The 13 major holders each own about 5% of the tokens, collectively holding over 9 million USD—this scale is not to be underestimated. Even more interesting is that some veteran whales who made profits in projects like USELESS and 1COIN are gradually building positions. The commonality among these people is very clear: they understand what true long-term holding means and are aware of what the pattern looks like before a big surge. From this perspective, the quality of market participants and their willingness to hold may be more significant than what surface data suggests.