$FLOKI
Floki Inu (FLOKI) exhibits significant whale activity
Approximately 64.86% of FLOKI's total supply is held by whales, suggesting a high level of market control and potential for increased volatility. Notably, the top 10 holders collectively possess around 71.77% of the circulating supply, with the largest address holding 44.52%—likely a burn address. A whale identified as "0x403" staked 14 billion tokens in June 2024, reflecting strong confidence in FLOKI's long-term prospects. Conversely, in March 2024, six whale addresses unstaked and sold 30 billion tokens, indicating potential profit-taking behavior.
These activities highlight the significant influence of whale investors on FLOKI's market dynamics, contributing to both upward momentum and potential downward pressure.
