A newly launched token project on the Base chain shows significant early insider concentration. Initial data reveals that roughly one-third of the token supply has been distributed across just 11 wallets, raising questions about potential sell-off risks and market distribution health. Community members tracking large holder positions can monitor real-time allocation changes to better understand token holder dynamics and potential market pressure points. This type of distribution pattern warrants attention from those evaluating the project's long-term viability and decentralization.
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A newly launched token project on the Base chain shows significant early insider concentration. Initial data reveals that roughly one-third of the token supply has been distributed across just 11 wallets, raising questions about potential sell-off risks and market distribution health. Community members tracking large holder positions can monitor real-time allocation changes to better understand token holder dynamics and potential market pressure points. This type of distribution pattern warrants attention from those evaluating the project's long-term viability and decentralization.