Edel Finance-linked wallets reportedly ‘snipe’ 30% of token supply: Bubblemaps
Market Intelligence Analysis
AI-PoweredEdel Finance's team wallets have reportedly acquired 30% of the token supply, sparking concerns over potential market manipulation. Edel's co-founder has disputed these claims, stating it was part of their token rollout plans. The authenticity of these claims remains uncertain.
Market impact analysis based on bearish sentiment with 68% confidence.
Article Context
Bubblemaps shared blockchain data indicating that team-related wallets had purchased 30% of the token supply, but Edel’s co-founder said the acquisition was part of its token rollout plans.
Analysis and insights provided by AnalystMarkets AI.