SATO saw its former top holder exit on June 1 after two sales totaling $368K in losses, first dumping 374K tokens at $0.8393 for a $215K hit then burning 44.5K more before selling the rest.

The same wallet 0xe5f63531844ff80a3502eb5b767796666b8cceaf just reversed course, routing $463K through OKX DEX to acquire 489K SATO at $0.9465 and reclaim the largest position with 2.69% of supply.

Price action on the 4h chart shows SATO locked in a bearish trend below the EMA50 at $0.4 and EMA200 at $0.68 while trading inside the Bollinger band with upper resistance at $0.39 and lower support at $0.28; the MACD golden cross at -0.01 paired with neutral RSI at 44.4 suggests any push toward the upper band will likely meet selling before a deeper test of the 50-EMA confluence zone.