$BOB
đ¨CLARITY ON THE LARGEST HOLDER OF BOB ~62%đ¨
*READ EVERYTHING*
Most people are reading BOB the wrong way.
They look at the data âtop 10 holders = 68.5%â and immediately think: token is too concentrated, too many whales, too much risk.
But if you dig a little deeper, youâll see the reality is very different.
The #1 wallet, which alone accounts for about 62.16%, is a CEX/custodial wallet.
This means itâs not a single whale, but very likely the wallet that holds the tokens of thousands of users.
And hereâs the key point that changes everything:
if you separate that wallet, the other 9 top holders together account for only about 6.34%.
So the truth is simple:
BOB isnât controlled by a few whales like many people think.đđĽ
( Transcript of Binanace BIBIâs response, which you can see in the first photo, about the first wallet and the security of the BOB token (BuildOnBNB). You can also verify it yourself:
âBOB is far less concentrated than it seems at first glance. The âtop 10 holders = 68.5%â figure is misleading because the first wallet at ~62.16% is a CEX/custodial wallet, so it doesnât represent a single whale, but very likely the tokens held by many users on the platform. When you separate it out, the other 9 top wallets together account for only about 6.34%, so the actual non-custodial concentration appears rather contained. This significantly improves the security perception of the token on the distribution side, because the risk of a dump by a few large holders is much lower than the raw data suggests.â )
#Bob #BuildOnBNB
đ¨CLARITY ON THE LARGEST HOLDER OF BOB ~62%đ¨
*READ EVERYTHING*
Most people are reading BOB the wrong way.
They look at the data âtop 10 holders = 68.5%â and immediately think: token is too concentrated, too many whales, too much risk.
But if you dig a little deeper, youâll see the reality is very different.
The #1 wallet, which alone accounts for about 62.16%, is a CEX/custodial wallet.
This means itâs not a single whale, but very likely the wallet that holds the tokens of thousands of users.
And hereâs the key point that changes everything:
if you separate that wallet, the other 9 top holders together account for only about 6.34%.
So the truth is simple:
BOB isnât controlled by a few whales like many people think.đđĽ
( Transcript of Binanace BIBIâs response, which you can see in the first photo, about the first wallet and the security of the BOB token (BuildOnBNB). You can also verify it yourself:
âBOB is far less concentrated than it seems at first glance. The âtop 10 holders = 68.5%â figure is misleading because the first wallet at ~62.16% is a CEX/custodial wallet, so it doesnât represent a single whale, but very likely the tokens held by many users on the platform. When you separate it out, the other 9 top wallets together account for only about 6.34%, so the actual non-custodial concentration appears rather contained. This significantly improves the security perception of the token on the distribution side, because the risk of a dump by a few large holders is much lower than the raw data suggests.â )
#Bob #BuildOnBNB