risky

Top-10 Wallets Holding 5–7% Signals Manipulation Risk

I agree — when the top 10 wallets control 5–7% of a token, I view that as a red flag. It often means the project is highly concentrated and the holders can coordinate moves that swing the market.

I've seen several tokens with that pattern over just a couple of days, where the large holders appear to split or move positions across many wallets. I treat these signs as likely manipulation or high centralization risk.

Source available for registered users Sign Up Free

Analysis

High concentration (top 10 wallets at 5–7%) combined with transfers across many addresses increases the chance of coordinated selling, wash activity, or rug scenarios, making price action fragile and ...

Recommendation

Exercise caution: avoid new buys until on-chain distribution improves or independent audits/lockups confirm decentralization; monitor wallet concentration and large transfers closely.

Disclaimer

The Analysis and recommendations provided are for informational purposes only. Any investment decisions should be made at your own risk. Past performance is not indicative of future results. Always conduct your own research and consider consulting with a financial advisor before making any investment decisions.

You might also be interested in: