$BTR It should not be dismantled based on rumors, but on the money.
43.02% of the offerings are concentrated in the Binance Wallet Proxy, while 23.24%—in the Gate.io hot wallet.
At first glance, the concentrations seem extreme.
But the most important part starts after that: there are no “whale” addresses among the private ones that hold a significant share. The largest one does not exceed about 4–5%.
That means the bulk is concentrated in the exchange infrastructure, not in the hands of one unknown player.
And for those with low market capitalization, this is even stronger than it first appears.
Now we can see where this volume is going next.
$ZEC $XRP
43.02% of the offerings are concentrated in the Binance Wallet Proxy, while 23.24%—in the Gate.io hot wallet.
At first glance, the concentrations seem extreme.
But the most important part starts after that: there are no “whale” addresses among the private ones that hold a significant share. The largest one does not exceed about 4–5%.
That means the bulk is concentrated in the exchange infrastructure, not in the hands of one unknown player.
And for those with low market capitalization, this is even stronger than it first appears.
Now we can see where this volume is going next.
$ZEC $XRP