
PANews May 5 news, the on-chain analysis platform Bubblemaps posted on social media platform X, stating that the token "MYSTERY" exhibited a high concentration of holdings in its early stage, describing it as a "textbook-level market manipulation structure."
According to data disclosed by Bubblemaps, about 90 newly created wallets acquired approximately 90% of the circulating supply during the token's launch phase, and continued to reduce their holdings in subsequent trading, having now cashed out over $100,000 while still holding about 40% of the token supply.
Bubblemaps also pointed out that the token exhibited obvious signs of "bundled distribution" and concentrated capital control during its launch phase. Additionally, some KOLs promoting the token were questioned about potential paid promotion behaviors. The aforementioned on-chain behavioral patterns displayed a high degree of consistency and centralization.
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