Beefy ($BIFI) token distribution shows notable concentration patterns - 94% of total supply is held across just 59 wallets, raising questions about token decentralization. This level of concentration on Ethereum mainnet (contract: 0xb1f1ee126e9c96231cc3d3fad7c08b4cf873b1f1) reflects early-stage insider holdings typical in many DeFi protocols. Whether this represents long-term holders or potential liquidity concerns depends on wallet activity and trading patterns. Investors tracking whale behavior might want to monitor these addresses for any significant movement signals, as concentrated holdings can impact market dynamics and governance participation in the Beefy ecosystem.

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