RIVER, a stablecoin on the BSC chain, has recently gained popularity. In the past 24 hours, its price surged by 14.21%, with trading volume reaching $12.68 million. Smart money has accumulated nearly $260,000 in the past 30 days. Sounds good, but a closer look reveals some concerns.

First, let's talk about the supply side issue. This coin is highly concentrated—top ten holders control 88.09% of the tokens, which is a clear risk. On the technical side, the 5-minute and 1-hour RSI have both hit 76 and 78.45 respectively, entering overbought territory. Short-term correction signals are already quite evident.

What’s even more concerning is the actions of KOLs. Over the past 30 days, they have sold off significantly, with total sales reaching $192,410, resulting in a loss of $172,500. Now, they only hold 632.26 coins. When big influencers are cutting losses, are retail investors still buying in? The price increase looks attractive, but you need to think carefully about the risks involved.