Fistbump (fist), the token of the BNB chain ecosystem, is facing a potential liquidity crisis. The token had a large gathering, with whale signs cashing out the hype.
Fistbump (fist) is a token that has been heated over the past few days, causing fear of potential rug pull. Several chain analysts suggest that fists may be facing a sudden liquidity crisis as whales use short-term hype to cash out.
The fist now relies solely on the Pancakeswap pair for most of its fluidity. This also means that if the largest liquidity provider moves ahead or the whale cashes out, the token can return to a relatively inactive state. Despite years of history, Fist never won a list of central exchanges.
Fist performed a rally after three years of inactivity
The Fist project is not a stranger to the rapid crash following its first launch at the end of July 2022. The Fist was soon spiked to a peak of $3.36, erasing most of its value and drifting under the penny for years. Fist is one of the rare tokens that move after the long-term bear market, even surpassing the record high of $3.52.
Fist staged a vertical rally at sub-penny prices a few years later. Now, the project received new warnings about potential liquidity crunches and another deep correction. |Source: Coingecko
After being almost forgotten, the Fist Project suddenly showed activity, miraculously recouping a price range above $3.20 within a few days. Fist received hype from former holders, but also received disastrous warnings about a potential crash similar to the 2022 crash.
Multiple sources have started caveat The fist showed signs of whales cashing following long-term transactions at low range. Current trading pairs available may dry out if the liquidity pool is drained.
The fist was launched in 2022 during the boom period, causing a stir and widely adopted. The fist reached a total of 226,842 wallets, most of which suffered serious losses. Some fist owners appear to be taking place through the 2022-2023 Bear Market.
The fist shows a warning sign on the insider control chain
The Fist Token is mainly concentrated on one pancake swap pair, with over 95% volume. The assets reached $30 million at a daily volume, an unusual activity level.
As of August 28, the major trading pair still had more than $7 million in liquidity. However, its liquidity relies primarily on a single whale provider. Top liquidity provider carried over 77% of pair liquidity based on DexScreener data.
At the latest rally, multiple whales each cashed around $600,000, with no single entity showing massive revenue. However, older holders may attempt to cash out if retailers and new buyers participate.
Additionally, the fist shows signs of insider holdings. There are several important whales with large wallets, but the top 20 holders are connected to the wallet cluster based on data from Bubbles data.
The fist is not a whale-sized wallet, but the top address is connected by a large wallet cluster that holds more than 11% of the supply. |Source: Bubblemaps
The Fistbump project is also busy advertising FST Swap distributed exchanges. Despite the hype, there are still FST swap exchanges advertisement Fist token under “Parody Account.”
Fistbump has launched aggressive marketing on social media in the bull market in 2025. Tokens aim to position themselves as Defi Hub in the BNB chain ecosystem, trading at risk similar to new meme tokens. Despite the goal of “make your fist great again,” the token raises multiple red flags after an almost vertical rally that took place during the overall market reversal of BTC and other major coins.
