WAL may need to take action. @WalrusProtocol @ Walrus_CN recently announced two big news: 2025-8-12: Grayscale announces launch of WAL Trust On August 13, 2025, the Walrus Kaito chart was officially launched It's hard not to feel that two big news stories were released one after another, as they were not prepared. Based on my years of experience with the Sui team, the concentrated release of positive news is often just a prelude. For example, on August 7, 2024, Grayscale launched the Sui Trust, with a Sui price of 0.61 at that time. Afterwards, Sui continued to rise and reached a new high of 4.9 on January 9, 2025. The current Sui price is 3.96. What is the motivation for pulling the plate? On March 20, 2025, Walrus raised $140 million through token sales, and the foundation sold 7% of the total tokens at a fixed price of $0.4. This part of the tokens has a one-year lock up period, and starting from March 2026, these 7% tokens will be unlocked within one month. Current WAL price: 0.45 USD The Walrus team must operate the WAL to a suitable location before it expires, otherwise it will be difficult to explain to participating investment institutions including Standard Crypto, a16z crypto, Franklin Templeton Digital Assets, etc. (all of which are large institutions). How is the ability to pull disks? In terms of chip deconstruction, the top 100 addresses hold 82.6% of WAL tokens, and over 70% of tokens are still locked in by foundations and teams. The current circulation is 1.41 billion coins (28.3%), with relatively concentrated holdings. In addition, the operational capability of MystenLabs has been verified countless times. From Sui's successful path, it can be seen that they are well versed in how to drive token value realization through ecological construction, partnership relationships, and market operations. How can retail investors participate? The first type is risk-free Kaito yap. At present, the official details of the reward have not been clarified, but it has been revealed that stablecoins will be used as incentives instead of WAL tokens. The second option is to purchase from the secondary market. I dare not give advice. It's my fault to save money. I will study and take responsibility for myself. The third type is the second season of airdrop activities. In WAL token economics, 6% of tokens have been reserved for future airdrops, but there is still no news about the second quarter airdrop activity. From the time window perspective, there are still about 8 months left until the private equity token is unlocked, which gives the team ample operational space. Although there are many variables in the cryptocurrency market, at least from a logical perspective, the conditions for WAL have matured.