$IR(IRUSDT) has recently attracted a lot of attention. From on-chain data, the current holding ratio of the whales has reached 96%, which indeed reflects that large funds are actively deploying.

Interestingly, such large funds usually do not spend huge amounts to bet on projects with no prospects. Since the funds are so deeply involved, subsequent upward movements are almost an inevitable logic.

Compared to the early trends of super meme coins like COAI and MYX, $IR's accumulation pace and dump pattern are remarkably similar—they both first aggressively dump to accumulate chips, then look for opportunities to push higher. This comparison is actually quite meaningful for reference.

In the short term, this wave of market activity is indeed worth paying attention to. Opportunities like this in the market do not appear frequently, and the key to catching them is to understand the underlying fund flow logic.