Analysis: SHIB, ETH, LINK, TON's top ten wallet holdings account for more than 30%

Odaily Planet Daily News Santiment posted on X, saying: "Here are the total supply percentages of the top 10 largest wallets for the four highest market cap AltCoins in Cryptocurrency: Shiba Inu (SHIB): 61.3% of the supply. Ethereum (ETH): 46.1% of the supply Chainlink (LINK): 33.1% of the total supply Toncoin (TON): 32.8% of the supply When the top 10 largest wallets hold a significant portion of the total cryptocurrency supply, it means that a small number of holders have considerable control over the market. If these wallets decide to sell, it could lead to a sharp drop in price, bringing greater risk to small investors. However, if these large holders continue to hold or accumulate, this is often an indication of confidence in the project and can actually reward traders who collectively have less power and are more dependent on the actions of a few major stakeholders. In any case, it is important to remember that this level of concentration can make the token more volatile, as a small number of participants have the ability to influence price movements. A more evenly distributed supply, on the other hand, is often seen as more beneficial to the long-term stability of the cryptocurrency. The low concentration means that no single entity can have a huge impact on the market on its own, building trust among investors. In general, most investors prefer a more decentralized ownership structure because it reduces opportunities for manipulation and makes the market more predictable. When too much supply is held in the hands of a few, smaller holders may feel at a disadvantage, but when the supply is more balanced, people usually have more confidence in the stability of asset prices.