Internal holder analysis of Snowball tokens shows that 27% of the circulating supply is concentrated in just 10 wallets, a highly centralized distribution pattern worth noting. The token is deployed on the Base chain, and investors can track the movements of these major holding addresses using on-chain data query tools to see if internal movements signal market cues. Such concentration data is useful for assessing the project's level of decentralization and risk exposure.
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ETHReserveBank
· 8h ago
27% concentrated in 10 wallets? Isn't this just a pump coin disguised as a Base chain?
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GateUser-afe07a92
· 8h ago
27% concentrated in 10 wallets? Isn't this just waiting to harvest the retail investors...
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degenonymous
· 8h ago
27% concentrated in 10 wallets? That's so outrageous, I should have left long ago.
Internal holder analysis of Snowball tokens shows that 27% of the circulating supply is concentrated in just 10 wallets, a highly centralized distribution pattern worth noting. The token is deployed on the Base chain, and investors can track the movements of these major holding addresses using on-chain data query tools to see if internal movements signal market cues. Such concentration data is useful for assessing the project's level of decentralization and risk exposure.