marscoin

Is it the market maker of MarsCoin—pulling the alpha tokens onto the chain to sell, while bearing the 3% tax and刷量? ? ?? Come on, let’s look at today’s MarsCoin data together!

2026.8.23 #MarsCoin Changes in top 40 token holder addresses data

1：Pancake outflow 8.89%
Binance alpha inflow 2.63%

2：Top 10 people addresses：2 people increased their positions, 1 person reduced their positions
Top 20 people’s addresses: 1 newly entered, 1 reduced position
Top 40 people’s addresses: 3 reduced positions, 2 newly entered, 1 increased positions

$MarsCoin Daily key summary: I originally planned to update MarsCoin tomorrow, but today a brother of mine wanted to check MarsCoin, so I’ll update MarsCoin based on this single trade instead. Looking separately at the data counted from the single trade: the inflow into alpha has slowed down. In the past 3 days, the inflow was only 2.63%, but the actual situation is not like that. Later in the article I’ll explain that overall token prices have risen, but the increase isn’t particularly large. Among the top 40 addresses, 3 people increased their positions. Of these 3 who added to their holdings, 2 people withdrew from Binance alpha, and 1 person added on-chain. This is what I mentioned earlier: the impression that Binance alpha inflow is slowing down is an illusion. The real situation is that two people withdrew it. In the top 40, there are a total of 5 people who reduced their positions, but the amounts they reduced are very small. The single-trade update simply skipped checking them. Overall, there were 3 new addresses that entered the top 40. These 3 all entered with only small incremental buys. So overall, for the top 40 addresses, there weren’t any true newcomers—ranking changes were caused by earlier remaining users adding to their positions. For the three people who entered, the three who dropped out were accounted for. I checked the details: one person’s ranking dropped because they recharged half of their tokens into alpha. The other two addresses: one is a Pancake address, and the other is a personal address. Both of these dropped in ranking, but that personal address didn’t show any action. That’s basically the data we have now. Now let’s briefly break it down and analyze it. From the overall data, you can see that all the changes in the data are revolving around alpha. Large position increases all come from alpha withdrawals. Among them, one address increased by more than 5 million tokens. If that address withdrew from alpha after buying, then this round of上涨 has a lot to do with that address. The other addresses’ position increases are all very limited, and won’t have any impact on the order book. But the single-trade update needs to point out a small issue. The address that ends with “a80a” seems to withdraw tokens from alpha after intervals, and then sells them on-chain. I don’t know what they’re doing. It seems like alpha trading has no taxes, but when moved on-chain they still have to bear a 3% tax—so it makes me curious: what exactly are they doing? Could it be a market maker刷量 (washing volume)? Single-trade update is joking, haha! Overall, for this slight uptick, among the top 40 addresses, the only one that can drive the rise is the brother who added 5 million tokens. The other addresses have very little effect on the order book. In other words, this rise was caused by earlier existing users adding to their positions. That’s all the data I can see, brothers. The rest is up to you to analyze from the data yourselves!