$MORPHO : Who is holding and what is the cost basis of accumulator clusters? ( Nov 4)
Top 200 Ethereum wallets:
- 80% of supply is the team (53%), unlock-recipient wallets (17.5%), and funds/investors (9.3%).
- CEXs only 3.3%.
- Unlock recipients have only transferred 5.8% of their unlocked tokens to exchanges or OTC desks.
- 21 wallets received 89.7M MORPHO during April–May 2026, matching the $175M funding round. None of these wallets have sold yet.
Cost basis of accumulator clusters:
🔴 Binance·Bybit·OKX cluster: Bought 66.7M @ $1.66, currently holding 42.3M
🟣 Funding round funds: 89.7M @ $1.95
🟠 5 wallets with Binance withdrawals (Aug 7–12): 11.6M @ $1.96, currently holding 10.6M
🟢 Wallets accumulating since Sep 20: 4.3M @ $2.38
So now i think it's time to $MORPHO go to the moon!
Not financial advice.
#Morpho #Onchain
Top 200 Ethereum wallets:
- 80% of supply is the team (53%), unlock-recipient wallets (17.5%), and funds/investors (9.3%).
- CEXs only 3.3%.
- Unlock recipients have only transferred 5.8% of their unlocked tokens to exchanges or OTC desks.
- 21 wallets received 89.7M MORPHO during April–May 2026, matching the $175M funding round. None of these wallets have sold yet.
Cost basis of accumulator clusters:
🔴 Binance·Bybit·OKX cluster: Bought 66.7M @ $1.66, currently holding 42.3M
🟣 Funding round funds: 89.7M @ $1.95
🟠 5 wallets with Binance withdrawals (Aug 7–12): 11.6M @ $1.96, currently holding 10.6M
🟢 Wallets accumulating since Sep 20: 4.3M @ $2.38
So now i think it's time to $MORPHO go to the moon!
Not financial advice.
#Morpho #Onchain
