Bubblemaps: The new token JUSTICE of the internet-famous squirrel Peanut has a highly concentrated supply, with 80% suspected to be controlled by the internal team

2024-11-26 14:53:39

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ChainCatcher news, according to monitoring by Bubblemaps, the new token JUSTICE issued by the owner of the internet-famous squirrel Peanut, Mark Longo, has a problem of highly concentrated supply, with about 80% of the tokens suspected to be controlled by an internal team. Data shows that multiple addresses had already engaged in coordinated actions to hoard the token supply before Mark officially announced the token issuance.

All funds of the top 45 holders of the JUSTICE token came from protocol or centralized exchange hot wallets, and they all received funds within the same three-hour window on November 24, 2024 (from 16:40:20 to 19:39:47). This unusual pattern of fund flow indicates that these wallets may be controlled by the same person or a small group.

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