$114514 looks like an Asian cabal play if you check the on-chain data. The token distribution tells quite a story—major exchange wallets are holding significant positions. According to wallet analysis, one leading exchange controls around 21% of holdings, while another major platform sits at roughly 6.4%, and a third exchange has captured about 16%. When this much concentration sits in exchange wallets, it's worth keeping an eye on potential selling pressure or coordinated moves. The centralization pattern here definitely warrants some caution if you're considering exposure to this token.