Insider concentration alert on CATFISH: analysis shows that 38% of the total token supply is held across just 14 wallets, suggesting significant early holder concentration. This distribution pattern on the Base chain raises questions about potential selling pressure and market stability as the project develops. Monitoring such wallet clustering can provide insights into holder behavior and capital flow dynamics during early-stage project phases.
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DAOplomacy
· 8h ago
nah, the 38% thing is arguably just path dependency from how these launches work tbh... historically precedent suggests early concentration doesn't necessarily predict market outcomes, but yeah, the game theoretical implications here are definitely worth monitoring, non-trivial externalities incoming fr
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MysteryBoxAddict
· 8h ago
38% in 14 wallets? That must be so frustrating. Early investors could easily dump the project with a single sell-off.
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FUD_Whisperer
· 8h ago
38% is concentrated in 14 wallets? That must be so uncomfortable... Early holders selling off all at once would cause a direct crash.
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LayerZeroJunkie
· 8h ago
38% concentrated in 14 wallets? How scared would you have to be to buy this... Early rug risk is at its peak.
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SandwichVictim
· 8h ago
38% is held by 14 wallets, how strong does that make it... maximum rug risk
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LidoStakeAddict
· 9h ago
38% across 14 wallets? That’s pretty intense... Feels like anyone could cause a dump just by selling a little.
Insider concentration alert on CATFISH: analysis shows that 38% of the total token supply is held across just 14 wallets, suggesting significant early holder concentration. This distribution pattern on the Base chain raises questions about potential selling pressure and market stability as the project develops. Monitoring such wallet clustering can provide insights into holder behavior and capital flow dynamics during early-stage project phases.