I've been asked about this several times, so here's a consolidated explanation.
Token ownership concentration refers to how a token is distributed across different addresses. Common metrics include the percentage held by the top 10 or top 100 addresses.
Large-holder addresses can be checked in real time on a block explorer. When large holders transfer tokens to exchanges, it's often seen as a possible sign of selling, though they may not sell right away.
$BONK airdropped half of its tokens to the Solana community at launch. The current price is 0.0₅305.
If anything isn't clear, ask in the comments.
Token ownership concentration refers to how a token is distributed across different addresses. Common metrics include the percentage held by the top 10 or top 100 addresses.
Large-holder addresses can be checked in real time on a block explorer. When large holders transfer tokens to exchanges, it's often seen as a possible sign of selling, though they may not sell right away.
$BONK airdropped half of its tokens to the Solana community at launch. The current price is 0.0₅305.
If anything isn't clear, ask in the comments.