$BOB Onchain Analysis Part Two
Now let's look at the market dynamics and their impact
1. Effect on Minor Transactions:
- Retail wallets usually sell quickly, causing micro-fluctuations.
- Some long-term holders accumulate instead during lows (e.g., during market dumps).
2. Risk of Wash Trading:
- Some "suspicious" wallets show cyclical buy/sell patterns (possible manipulation).
3. Remaining Concentration:
- Despite the distribution, the top 1% of holders still control 70% of the supply* (mainly LP and team).
Suspicious Wallets and Possible Patterns
- "Disappearing" Addresses:
Some wallets received large amounts of BOB and then liquidated everything in a single transaction, only to do nothing afterward.
- "Twin" Wallets:
Clusters of addresses with synchronized movements (indicating potential use of bots).
- The flow of BOB to minor wallets has mainly occurred through:
Purchases on DEX** (PancakeSwap).
and rewards**.
Strategic distribution by whales.
- Potential issues encountered*:
❌ Some retail wallets used for price manipulation.
❌ High levels of concentration despite distribution.
In the next post, we will see who these wallets are and how they have acted and are acting to manipulate the market of this token.
Now let's look at the market dynamics and their impact
1. Effect on Minor Transactions:
- Retail wallets usually sell quickly, causing micro-fluctuations.
- Some long-term holders accumulate instead during lows (e.g., during market dumps).
2. Risk of Wash Trading:
- Some "suspicious" wallets show cyclical buy/sell patterns (possible manipulation).
3. Remaining Concentration:
- Despite the distribution, the top 1% of holders still control 70% of the supply* (mainly LP and team).
Suspicious Wallets and Possible Patterns
- "Disappearing" Addresses:
Some wallets received large amounts of BOB and then liquidated everything in a single transaction, only to do nothing afterward.
- "Twin" Wallets:
Clusters of addresses with synchronized movements (indicating potential use of bots).
- The flow of BOB to minor wallets has mainly occurred through:
Purchases on DEX** (PancakeSwap).
and rewards**.
Strategic distribution by whales.
- Potential issues encountered*:
❌ Some retail wallets used for price manipulation.
❌ High levels of concentration despite distribution.
In the next post, we will see who these wallets are and how they have acted and are acting to manipulate the market of this token.
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BOB
Alpha
0.000000070823
+0.55%
BNB
844.09
+0.97%