2026-01-12 18:23:44

Interesting on-chain data has surfaced — the initial token distribution of a newly listed token shows a highly concentrated pattern. According to on-chain tracking data, over 60% of the circulating supply is held by just 52 wallets. This high level of concentration is not uncommon in early-stage projects but also raises questions about liquidity and market stability. Such extreme holdings often imply a higher risk of price volatility. For traders focused on Ethereum ecosystem tokens, monitoring the behavior of large holders and changes in token concentration has become an important reference for assessing project health.

ETH-3,41%

View Original

This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.

22 Likes

Reward
22
7
Repost
Share

Comment

0/400

BlockchainNewbie

· 01-15 15:21

Are 52 wallets controlling 60% of the circulating supply? That's a common tactic in the early days of the crypto world. If you can run, run; retail investors, don't be too naive.

View OriginalReply0

GateUser-4745f9ce

· 01-14 14:14

It's the same old story again, managing 60% of the liquidity with just 52 wallets—how outrageous is that?

View OriginalReply0

GateUser-9ad11037

· 01-12 18:53

60% concentrated in 52 wallets, this is really nothing new, but it definitely needs to be watched.

View OriginalReply0

GateUser-a5fa8bd0

· 01-12 18:39

It's the same old story again, 52 wallets holding 60% of the circulating supply. How many retail investors have been lost because of this?

View OriginalReply0

LiquidatorFlash

· 01-12 18:37

60% circulation in 52 wallets? This threshold trigger is a bit too aggressive, risking full liquidation. --- 52 wallets holding 60%, with such a high collateralization ratio, a collapse is inevitable. I bet 5 ETH. --- It's the same old trick, with large holders' concentration levels skyrocketing. Where's the smart contract risk control mechanism? Probably just a paper tiger. --- Once leverage rises, liquidation chain reactions can instantly wipe out retail investors, a classic market volatility trap. --- The data is clear: 52 wallets controlling over 60%. This isn't a healthy project; it's a ticking time bomb. Let's see what happens. --- As soon as the loan position hits the liquidation threshold, liquidity evaporates instantly. I've already marked it. --- Highly concentrated distribution = high volatility + high risk. It's another PTSD nightmare replay. --- This kind of chip distribution pattern, where one big holder dumps and retail investors become the bagholders, is truly the end. --- Monitoring big holder behavior is good, but the problem is that by the time ordinary traders react, the liquidation has already been executed.

View OriginalReply0

UncleLiquidation

· 01-12 18:30

52 wallets hold 60% of the circulating supply... That's why I don't touch new coins, it's too easy to be dumped on.

View OriginalReply0

ForkMaster

· 01-12 18:25

Holding just 52 wallets can lock down the market; this is still the old trick of project teams. I have to rely on such vulnerability audits to supplement my three kids' formula money. --- It's also highly centralized, in plain terms, the wealth distribution isn't done well. Early airdrop tutorials are all the same. --- Monitoring big account behaviors? Bro, I’ve already figured out this betting agreement. Truly reliable analysis depends on whether the contract code has backdoors. --- Sixty percent of circulating supply held by 52 wallets... I’ve seen this distribution too many times. Either the project team is just retail investors, or they’re laying a trap for the next round. --- Everyone needs to keep security awareness up. I usually pass on such high concentration chips; raising kids requires stable returns, not chasing high prices. --- Bear market survival rule: Just by looking at this data, you can tell who’s manipulating the market and who’s pumping. It’s not an exaggeration to say the project team are all retail investors. --- Using this as a reference dimension might get you caught. Even seasoned veterans understand that arbitrage opportunities in forks are right here.

View OriginalReply0