$ENGINE (CA tAjP8NfsUJDp4LcqmAPMRzhhD9BRpesGvuosSXypump) has drawn attention for its relatively clean holder structure. According to devsnightmare's analysis, the project shows no evidence of sniper wallets or insider accumulation, with established players Gake and BIGWARZ holding top positions.
The on-chain distribution metrics reveal an interesting picture. A single cluster controls 6.2% of supply on the bubblemap, while another separate cluster holds 3.3%. Moving to centralized exchange mapping, the situation shifts noticeably—CEX-linked wallets account for 56.5% of tracked holdings. Meanwhile, wallets funded through major exchange sources hold approximately 21% of the token, indicating mixed distribution between decentralized and institutional channels.
This composition suggests moderate concentration risks with significant CEX-mapped exposure, though the lack of obvious insider positions and sniper accumulation could indicate more transparent launch mechanics compared to similar projects.
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ImpermanentPhobia
· 4h ago
cex 56.5% This ratio is a bit intense; it feels like there's a significant risk of a dump later on.
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POAPlectionist
· 4h ago
CEX holdings are at 56.5%, that’s quite something... Speaking of which, wouldn’t it be more suspicious without a sniper?
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LightningSentry
· 4h ago
CEX accounts for 56%, this data is a bit surprising. It looks clean on the surface, but does the exchange really hold that much?
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ChainMelonWatcher
· 4h ago
Is it reasonable that 56.5% is in exchange wallets? Feels like the risk is still a bit high.
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ImpermanentPhilosopher
· 4h ago
56.5% is in CEX, and you still call that "relatively clean"? That's funny.
$ENGINE (CA tAjP8NfsUJDp4LcqmAPMRzhhD9BRpesGvuosSXypump) has drawn attention for its relatively clean holder structure. According to devsnightmare's analysis, the project shows no evidence of sniper wallets or insider accumulation, with established players Gake and BIGWARZ holding top positions.
The on-chain distribution metrics reveal an interesting picture. A single cluster controls 6.2% of supply on the bubblemap, while another separate cluster holds 3.3%. Moving to centralized exchange mapping, the situation shifts noticeably—CEX-linked wallets account for 56.5% of tracked holdings. Meanwhile, wallets funded through major exchange sources hold approximately 21% of the token, indicating mixed distribution between decentralized and institutional channels.
This composition suggests moderate concentration risks with significant CEX-mapped exposure, though the lack of obvious insider positions and sniper accumulation could indicate more transparent launch mechanics compared to similar projects.