BONK Meme Coin Sees Wild Price Fluctuations and Massive Holder Concentration

BONK Meme Coin Sees Wild Price Fluctuations and Massive Holder ConcentrationAfter the all-time cryptocurrency price highs in 2021, suffering through the Luna implosion of 2022 and watching countless crypto businesses go belly up, we’ve got a new entrant to the meme coin scene that launched on the Solana network. The crypto asset bonk inu (BONK) has a circulating token supply of around 41.5 trillion and […]

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Stablecoin Whale Domination — Tether Addresses Valued at $1M Own More Than 80% of USDT Supply

Stablecoin Whale Domination — Tether Addresses Valued at $1M Own More Than 80% of USDT SupplyAs the market capitalization of the stablecoin tether nears $80 billion, with its current $77.9 billion valuation, data from onchain researchers at Santiment indicates that tether addresses valued at $1 million own more than 80% of the entire supply. Tether’s Whales Command More Than 80% of the Supply The U.S. dollar-pegged stablecoin has grown exponentially […]

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Whale Watch: A Deep Dive Into the Concentrations of Large Crypto Holders

Three months ago the crypto economy was worth more than $3 trillion and since then, digital currency prices have slid a great deal in value, as crypto assets have been sold and distributed across many hands. Over the last decade, fluctuating price cycles have made it so some addresses, typically referred to as crypto whales, […]

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