#dusk $DUSK @Dusk DUSK short-term surge, but beware of on-chain selling pressure signals

DUSK has recently become the market focus, with its price increasing more than fourfold in a month. This strong upward trend is mainly due to funds rotating within the privacy coin sector, with some investors who missed out on Monero and Dash turning to the smaller market cap DUSK for opportunities.

However, amidst the excitement, one must stay vigilant. On-chain data has already raised caution: the number of DUSK transfers to exchanges has significantly increased recently, reaching a new high for nearly a month. This is typically a signal that early holders are starting to take profits and prepare to sell. With the price rising sharply, subsequent volatility may also intensify, and chasing the highs could carry considerable risks.