One of the indicators that I use to sense a potential selling pressure is the sudden large increase of circulating supply of a token. I will use DODO token as an example. Everything mentioned in this post are purely based on my speculations and some references below from CoinGecko. Please do NOT take any content here as investment advice.
You can change the balance parameter to any numeric value to limit the number of listed accounts. For example, you can only list accounts with over 990000 tokens. https://scout.cool/dodoex/mainnet/charts/60259f0fdbc8b500178e9460?balance=990000
2. Dive deeper into these key wallets:
The distribution of the tokens are not very even which makes my job relative easy. All the key wallets are on the first page.
0x4447, 0x3e19, 0x95C4, LockedTokenVault1: The pattern of balance change in these wallets is a step function graph. All the changes are large in volumes but don't occur very often. My guess is that they are probably the "reserves" wallets which the team controls.
DODORewardVault: This could be the smart contract that gives out rewards regularly to those who provide liquidities.
The decreasing balance indicates that rewards have been handed out regularly to liquidity providers
DODOMine: The smart contract where people deposit DODO tokens to earn more DODO tokens.
People are staking their DODO tokens instead of selling them for quick bucks