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The token distribution of $CC© (CA: BM8b4U4cyXCieBRPDAAAygiQwKQemEJntt2yWJ8Jpump) is worth noting. According to on-chain data analysis, insiders hold 1.85%, and the development team holds only 0.7%, which is relatively healthy.
Interestingly, there are quite a few whale wallets clustered on-chain. BubbleMap shows the two largest clusters account for 3.6% and 3.4%, respectively, which are not particularly large. The real highlight is on the CEX side—the exchange wallet clusters account for as much as 59.7%, indicating that token liquidity is mainly concentrated on centralized exchanges.
Breaking down the source of exchange funds further, a leading exchange's wallet accounts for 22.9%, another mainstream compliant platform holds 22.6%, and other exchanges also have significant holdings. Overall, the token distribution of this project is relatively dispersed, but the concentration on CEX is high, and market liquidity and pricing power are basically controlled by trading platforms.