There's an interesting dilemma in this space that doesn't get talked about enough. When you're holding a meaningful chunk of a coin—say 2% or more—you're not just making a personal investment decision. You become a signal for other holders. People in your community might feel confident holding because they see you in it. But here's the tension: if you exit, the liquidation pressure alone could crater the price, wiping out exactly those people who trusted your conviction. It's a responsibility you didn't ask for but can't really ignore. This psychological weight on major holders is real, and it's something worth thinking about more seriously in how communities evaluate conviction and stability.
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
There's an interesting dilemma in this space that doesn't get talked about enough. When you're holding a meaningful chunk of a coin—say 2% or more—you're not just making a personal investment decision. You become a signal for other holders. People in your community might feel confident holding because they see you in it. But here's the tension: if you exit, the liquidation pressure alone could crater the price, wiping out exactly those people who trusted your conviction. It's a responsibility you didn't ask for but can't really ignore. This psychological weight on major holders is real, and it's something worth thinking about more seriously in how communities evaluate conviction and stability.