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The FUN token on Base chain shows an interesting concentration pattern: insiders have managed to accumulate 17% of the total supply, with these holdings distributed across just 6 wallets. This level of consolidation raises questions about token distribution health and early holder influence.
For traders tracking this, the real-time holder composition tells a lot about potential market movements. When insider allocation is this concentrated, it's worth monitoring whether these positions remain stable or start shifting. The relatively small number of wallets holding such a significant chunk suggests limited distribution among core team members or early backers.
If you're keeping tabs on FUN's trajectory, checking the current holdings breakdown gives you a clearer picture of where the actual control lies versus what the broader community holds.