Friends, here’s a key concept you should understand: token holder concentration!
The same party may split its tokens across a batch of new addresses, and links between these addresses can often be spotted in the transfer records.
The more concentrated the holdings, the greater the price impact when a small number of addresses sell. Conversely, a small number of addresses can also push the price up more easily.
$BONK airdropped half of its tokens to the Solana community at launch.
Save this and take your time reading it
#BONK
Just a quick note—decide for yourself what to do.
The same party may split its tokens across a batch of new addresses, and links between these addresses can often be spotted in the transfer records.
The more concentrated the holdings, the greater the price impact when a small number of addresses sell. Conversely, a small number of addresses can also push the price up more easily.
$BONK airdropped half of its tokens to the Solana community at launch.
Save this and take your time reading it
#BONK
Just a quick note—decide for yourself what to do.