$TAO holders have begun rotating into $dTAO in earnest. The top holders on #subnet 8 and 19 have contributed sizable capital. The rotation is programmatic (consistent and repetitive), not sporadic. This is not people experimenting and trading; it is large accounts building a position.

Some food for thought (NFA/DYOR): The time to accumulate a large position in (a) subnet token(s) is when there is sell pressure. The sell pressure will continue until it doesn’t. Then alpha token prices will appreciate violently. Those who are waiting “1-2 weeks until sell pressure tapers off” may find significant opportunities have closed. 

NFA/DYOR $TAO #bittensor