A quick explanation of token holder concentration:
Addresses that use programs to buy ahead of others in the first few blocks after trading opens are often called “sniper” addresses.
Whale addresses can be tracked in real time on blockchain explorers. When whales transfer tokens to exchanges, it is often seen as a possible sign of selling, though they may not actually sell.
Stay alert when whales transfer large amounts to exchanges, but don’t draw conclusions based on a single transaction.
$BONK 0.0₅296（-4.21%）
#BONK
Addresses that use programs to buy ahead of others in the first few blocks after trading opens are often called “sniper” addresses.
Whale addresses can be tracked in real time on blockchain explorers. When whales transfer tokens to exchanges, it is often seen as a possible sign of selling, though they may not actually sell.
Stay alert when whales transfer large amounts to exchanges, but don’t draw conclusions based on a single transaction.
$BONK 0.0₅296（-4.21%）
#BONK