Have you noticed that some projects with only a 10k market cap can be completely drained within 5 seconds? The reasons behind this are much more insidious than you might think.

It appears that the 50 distributed holding wallets are actually controlled by only 10 true independent operators. It's like magic tricks — on the surface, it looks like many retail investors are involved, but in reality, all are linked to quintuple accounts. This creates a false illusion of market depth.

When most holdings are concentrated in a few wallets, controlling the market becomes very easy. One person managing five accounts can easily simulate market enthusiasm, create a fake trading volume, and then dump all at once. By the time retail investors react, the funds have already fled.

That's why you need to pay more attention to the actual holding structure of a project. Don't just look at the number of holders on the surface; dig deeper into the distribution of independent addresses. This is a key piece of information to determine whether a project truly has a market foundation.