you are buying right because you have confidence in ALGO in the long run, so what does that tell you about early investors who are savvy investors that got their allocation early and is selling now?
without adoption when the whales dump causing prices to drop it doesn’t spread decentralization because the only people that would buy ALGO are existing holders.
the Foundation should really only be selling and “cashing out” and at a higher price when they have sufficient demand for ALGO.