Why did BTW surge? Let’s take a look. .araboza

And Goddojin used AI indicators to take roughly ₩400 million in profits on $BTW. Wow.

🔎
BTW held a public sale on Kaito in January this year at $0.008, with an $80M FDV.
The terms were 50% unlocked at TGE and the remaining 50% three months later. All sale tokens had been unlocked by June.
>> The price has now reached the $2.6 range, more than 300 times the sale price.

📈 But here is the curious part...

Bitway is a project that operates Bitcoin financial infrastructure and stablecoin yield products, yet Bitway Earn's TVL has fallen by approximately 49% over the past 30 days.
>> Actual deposits are falling while the token price surges.

📊 Why is it rising?

• Leveraged trading is active, with futures volume roughly 5 times spot volume.
• Negative funding rates during some periods suggest the possibility of a short squeeze.
• Only about 27–29% of the total supply is circulating, making the token sensitive to supply and demand.
• The Binance Wallet campaign, additional exchange listings and word of returns in the hundreds of times are fueling FOMO.

✍️ Could the current rally be the result of limited circulating supply, futures market supply and demand, and buying pressure coming together, rather than project news or growth?