2026-01-11 00:31:00

The token distribution structure of the ETHWHALE project has attracted attention. According to on-chain data, approximately 66% of the tokens initially issued by the project were allocated to 49 wallet addresses. This highly concentrated distribution pattern is worth noting for investors. Such concentrated holdings often indicate a strong whale effect—buying and selling actions by a few large holders can significantly impact market prices. The project is deployed on the Ethereum network. To determine whether ETHWHALE can break through initial price pressures and achieve the expected gains, it is necessary to continuously monitor the flow trends of these large holdings and changes in market participation.

ETH0,62%

View Original

This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.

11 Likes

Reward
11
7
Repost
Share

Comment

0/400

GasFeeSobber

· 01-11 00:59

66% concentrated in 49 wallets? This is just a whale pump-and-dump scheme with a huge risk of rug pull. --- It's the same distribution logic again. I bet five bucks these big players have already planned how to dump the market. --- Waiting to see when the big players will cut the leeks. The transparency is just incredible. --- How come there are still people willing to touch this stuff? I really can't believe it. --- On-chain data looks like a pair of X-ray eyes, but the key is still when they will cash out. --- ETHWHALE? I feel like it's more about betting on the big players' mood. --- 66%, brother. Isn't this just a pre-arranged game? --- Tracking liquidity movements is useless. If they need to dump, they will dump.

View OriginalReply0

GasFeeLady

· 01-11 00:51

ngl 66% in 49 wallets is giving classic whale dump vibes... been watching these concentration metrics like i watch gwei spikes, and this ain't it chief. the real question is when do they exit lol

Reply0

OnchainDetective

· 01-11 00:47

66% invested in 49 wallets? Isn't this the classic whale manipulation? I've seen this trick before. --- Basically, it's about watching when these big players unload, and as soon as they do, the market crashes. --- Again, centralized distribution and whale effects—these kinds of projects I advise everyone to stay away from. --- On-chain data is clear at a glance; the transparency is pretty good, but the scope is a bit narrow. --- 49 addresses controlling 66%? Keep a close eye; just one large withdrawal could trigger a chain reaction. --- That's why it's important to look at on-chain data—no matter how good the paper looks, it must withstand the test of whale activity. --- The name ETHWHALE is quite ironic; the project itself is controlled by whales.

View OriginalReply0

LightningLady

· 01-11 00:43

It's that kind of project with whale concentration again, 66% of the tokens are in 49 wallets, who dares to touch it... --- ETHWHALE's manipulation method is a bit outrageous, it feels like they're just waiting to cut the leeks --- 49 big holders hold 66% of the tokens, we should ask when this price will suddenly plummet --- Looking at on-chain data, I feel a bit panicked; when whales move, the market trembles --- With this level of concentration, I think the risk is outrageously high, but who knows, it might shoot up someday --- Continuously tracking large wallets? Forget it, I'm scared --- Haha, same old trick, 66% held by a few people, latecomers are just bagholders --- The whale effect on this project is too obvious; just a slight move can crash the price

View OriginalReply0

BrokenDAO

· 01-11 00:41

66% in 49 wallets? Isn't this just DAO governance inertia with a different shell? I've seen too many tricks like this. This concentration model will eventually be played out, and when whales dump, no one will be able to save it.

View OriginalReply0

FalseProfitProphet

· 01-11 00:37

66% allocated to 49 wallets, isn't this the classic pump-and-dump scheme... still tracking it? This distribution clearly looks like they're just waiting to harvest the little guys, it's pointless. ETHWHALE? Feels like a scam where they run after ripping you off, I don't believe it. 49 big wallets holding 66%, this whale can make the price collapse just by blowing a breath. Wait, is anyone still playing this project? I thought it was already dead. I've said it before, highly concentrated token distribution is never good, and here's another... Whales hold 2/3 of the coins, retail investors still want to make money... wake up. This kind of project is suitable for chasing highs, not for bottom-fishing, trust me. Same old trick, initial concentrated distribution followed by fake prosperity... it's old news.

View OriginalReply0

ChainChef

· 01-11 00:35

66% in 49 wallets? lmao that's not a recipe, that's a half-baked disaster waiting to simmer into oblivion. whales are literally seasoning this one to taste rn, no thanks

Reply0