Analysis: 80% of OVPP token supply is centrally controlled

PANews reported on September 19th that blockchain analytics platform Bubblemaps published an article on the X platform claiming that 80% of the OVPP token supply was centrally controlled. The wallets of the top 150 holders received simultaneous funding, allowing them to buy in at the token launch. These wallets received funding simultaneously at 6:00 PM CET on August 21st, three days before the token's launch, and invested in the token at its initial public offering. Specifically, wallets associated with Coinbase hold 10% of OVPP, wallets associated with Union Chain hold 10%, wallets associated with ChangeNOW hold 20%, and wallets associated with Binance hold 40%.

Previously, on-chain detective ZachXBT stated that OpenVPP (OVPP) falsely advertised and cooperated with the US government, but SEC commissioners clarified that they were not involved.

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Author: PA一线

This content is for informational purposes only and does not constitute investment advice.

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