Holder concentration explained in three sentences:
The same party may split tokens across a batch of new addresses, and links between these addresses can often be found in the transfer records.
Whale addresses can be checked anytime on a block explorer. When whales transfer tokens to an exchange, it's often seen as a sign they're preparing to sell, but they may not actually sell.
Stay alert when whales transfer tokens to exchanges in concentrated amounts, but don't jump to conclusions based on a single transfer.
$BONK 0.0₅338(+3.05%)

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Crypto assets are highly volatile, so don't use too much leverage.