In $VELVET , there’s another interesting detail.
Almost 38% of all tokens are held in a single wallet.
That’s 376.6 million VELVET, roughly $63 million.
And if you look at the entire group of large wallets, it holds nearly 87% of the tracked tokens.
About $180 million went in, and only $1.1 million came out.
I wouldn’t panic, but wallets like these definitely deserve monitoring.
When almost the entire supply is in the hands of a few major players, a single transfer from them can significantly move the price.
$VELVET becomes a real whale game.
Almost 38% of all tokens are held in a single wallet.
That’s 376.6 million VELVET, roughly $63 million.
And if you look at the entire group of large wallets, it holds nearly 87% of the tracked tokens.
About $180 million went in, and only $1.1 million came out.
I wouldn’t panic, but wallets like these definitely deserve monitoring.
When almost the entire supply is in the hands of a few major players, a single transfer from them can significantly move the price.
$VELVET becomes a real whale game.
