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$PERP UPDATE ๐จ โ Whale just added another 1.858M PERP (~$69K) 1 hour ago (see Arkham screenshot below). Balance now clearly >40M PERP = 25โ28%+ supply locked in Coinbase Prime Custody.
Pattern: Steady inflows, zero outflows. This is NOT retail FOMO โ it's institutional stacking at rock-bottom prices.
[Attach new Arkham screenshot: balance chart peaking higher + latest transfer]
If this leaks wider, supply squeeze incoming? $PERP revival loading...๐๐
DYOR / NFA #PERP #WhaleAlert #DeFi #PerpDEX @lookonchain @whale_alert @perpprotocol