According to @bubblemaps, $PUNDLE has 80% of its token supply concentrated in a single on-chain cluster, indicating a highly centralized holder base (source: Bubblemaps on X, Aug 10, 2025). Bubblemaps warned traders to watch out, highlighting concentration risk for $PUNDLE due to a dominant cluster (source: Bubblemaps on X, Aug 10, 2025). Given this alert, traders can monitor the identified cluster wallets, watch for large transfers, and limit position size until distribution improves (source: Bubblemaps on X, Aug 10, 2025).

According to @bubblemaps, at 08:30:17 AM on May 27, 17 addresses sniped $PUNDLE and dispersed the tokens across more than 70 new wallets. According to @bubblemaps, this wallet cluster still holds over 80% of the $PUNDLE supply today. According to @bubblemaps, the observed wallet clustering and high token supply concentration are key on-chain factors for traders monitoring $PUNDLE liquidity, slippage, and whale activity.

According to @lookonchain, wallets 0x436F6186cD323ABd8433bf1311389e561356B3B5 and 0x2DDfEcd7c1aDC03b750DbB365D6f4B1DdfbF0f55 have accumulated 103.14M INSP (about $3.02M), equal to 10.31% of the total supply (source: @lookonchain on X, Aug 9, 2025). According to @lookonchain, the two addresses are likely controlled by the same whale and collectively hold $74.8M in assets (source: @lookonchain on X, Aug 9, 2025).

According to @bubblemaps, on January 3rd, 2025, when Banks first purchased MLG, multiple wallet clusters collectively held about 25% of the token’s total supply. This high concentration of holdings was evident on-chain and could have served as an early warning for market participants. Traders should note that such significant supply concentration often increases the risk of price volatility and potential manipulation, making careful on-chain analysis essential before entering positions in tokens like MLG (source: @bubblemaps).