Whale Holds 10.96% of INSP — Concentration Risk

I see a single whale holding 109.56 million INSP, roughly 10.96% of the total supply. That degree of concentration gives one holder material influence over market supply and price action.

I’m concerned about liquidity and potential dump risk — a large transfer or sale by this whale could meaningfully move the price. Without clarity on whether these tokens are locked, staked, or exchange-custodied, the position looks risky.

I’ll monitor the whale wallet and on-chain flows closely and avoid initiating a large long position until I see redistribution, clear long-term locks, or other de-risking signals.