🚨 ON-CHAIN WARNING: ARPA (ARPA) – HIGH HOLDER CONCENTRATION, MONITOR CEX CASH FLOW 🚨
📊 Update: 20/01/2026 (UTC+7)
Source: Etherscan | CEX Labels
📉 On-chain data analysis shows a notable concentration level in the ARPA token system:
🔹 Top 1 Wallet (Smart Account by Safe) holds 11.16% of the total supply (~223.3M ARPA)
🔹 Top 10 wallets control ~66% of the circulating tokens
🔹 Exchange wallets (CEX) account for ~30%+ of the total supply (Binance, Bithumb, BtcTurk)
👉 This indicates that supply is significantly influenced by large wallets, especially cash flow on exchanges that can create short-term price pressure.
🔍 Points to note:
- 2 Smart Accounts by Safe (~17.5%) are likely treasury/DAO/vesting, posing low risk of sudden sell-offs if governance processes are in place.
- No individual wallet exceeds 15%, reducing the risk of “1 wallet manipulating the chart.”
- However, Top 10 ~66% still represents a moderately high concentration → needs close monitoring.
⚠️ Reality check:
- If there is a large inflow of ARPA into Binance/Bithumb, the risk of short-term dumping increases.
- Moving tokens from Safe wallet (treasury) should also be monitored to avoid unexpected supply changes.
🧭 Recommended monitoring:
- Exchange wallets: Binance (28, Hot Wallet 20, Binance 117)
- Smart wallets: 0x5EC0001E…, 0x231aDB3E…
- Observe inflow/outflow on CEX before price volatility.
📌 Analysis by Mktgroup-Team – Not investment advice.
💬 What do you think about the holder structure of ARPA? Comment & share to help protect the community.
