The wallet distribution pattern of major holders in the LOCAL token ecosystem is worth paying attention to. According to on-chain data, top wallets are highly concentrated, with the largest wallet holding 7.8%, forming a clear accumulation of chips. The top five wallets together account for approximately 15.9%, indicating that whale investors have a significant interest in this project.
It is noteworthy that these top wallets have a diversified asset allocation. In addition to holding a large amount of LOCAL tokens, some wallets also hold assets from the SOL ecosystem. The fourth-largest wallet has a SOL position worth about $166, while the fifth-largest wallet's SOL exposure exceeds $19.4K. They also hold tokens like BOXABL, DHG, and others, demonstrating an institutional-level investment portfolio management strategy. This cross-asset allocation pattern typically reflects deep participation of professional traders in multi-chain ecosystems.
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.
15 Likes
Reward
15
6
Repost
Share
Comment
0/400
WhaleMistaker
· 11h ago
7.8% chip concentration, how much they look down on retail investors haha
View OriginalReply0
AirdropCollector
· 16h ago
It's the whales hoarding chips again; no wonder it can't go up.
View OriginalReply0
BTCWaveRider
· 16h ago
With such a high concentration of whales, it was about time to be cautious.
Concentrated in the top five hands, this LOCAL is much more fragile.
No wonder SOL is also making moves there; it really is the operation of professional players.
View OriginalReply0
MergeConflict
· 16h ago
Are all the whales quietly accumulating LOCAL? With such a high concentration, aren't they worried about dumping the market?
View OriginalReply0
LiquidationTherapist
· 16h ago
With such a dispersed allocation among whales, it seems like they are hedging risk... but I still think a 15.9% concentration is a bit scary; once these big players start selling, it's all over.
View OriginalReply0
MondayYoloFridayCry
· 16h ago
Whales are all deploying across multiple chains, while we're still going all-in on a single coin. The gap is really huge.
The wallet distribution pattern of major holders in the LOCAL token ecosystem is worth paying attention to. According to on-chain data, top wallets are highly concentrated, with the largest wallet holding 7.8%, forming a clear accumulation of chips. The top five wallets together account for approximately 15.9%, indicating that whale investors have a significant interest in this project.
It is noteworthy that these top wallets have a diversified asset allocation. In addition to holding a large amount of LOCAL tokens, some wallets also hold assets from the SOL ecosystem. The fourth-largest wallet has a SOL position worth about $166, while the fifth-largest wallet's SOL exposure exceeds $19.4K. They also hold tokens like BOXABL, DHG, and others, demonstrating an institutional-level investment portfolio management strategy. This cross-asset allocation pattern typically reflects deep participation of professional traders in multi-chain ecosystems.