Let’s take a look at the token distribution for $牛来 during this period.
Niu Lai’s biggest feature at the moment is its highly concentrated token supply. According to data from November 1, Binance-related addresses hold nearly 80%, further tightening the circulating supply.
Binance saw an inflow of 490 million tokens this time, but most of that was wallet consolidation. The actual inflow is estimated at around 15 million tokens. The top 40 addresses showed no clear pattern of collectively adding to their positions; in fact, several reduced theirs, with one address selling around 6 million tokens. A few addresses are still quietly accumulating on-chain, so not all capital is leaving.
Overall, Niu Lai’s shakeout has been fairly thorough, and token concentration is relatively high. Given Binance’s usual approach, after a major negative event involving an exchange, it tends to pump BSC ecosystem altcoins to restore its reputation and retain users. So Niu Lai may be worth keeping an eye on.
$AIN $ESPORTS
Niu Lai’s biggest feature at the moment is its highly concentrated token supply. According to data from November 1, Binance-related addresses hold nearly 80%, further tightening the circulating supply.
Binance saw an inflow of 490 million tokens this time, but most of that was wallet consolidation. The actual inflow is estimated at around 15 million tokens. The top 40 addresses showed no clear pattern of collectively adding to their positions; in fact, several reduced theirs, with one address selling around 6 million tokens. A few addresses are still quietly accumulating on-chain, so not all capital is leaving.
Overall, Niu Lai’s shakeout has been fairly thorough, and token concentration is relatively high. Given Binance’s usual approach, after a major negative event involving an exchange, it tends to pump BSC ecosystem altcoins to restore its reputation and retain users. So Niu Lai may be worth keeping an eye on.
$AIN $ESPORTS
