From the big dump of AVA Token, we see the concentration of risk among insiders within the Solana ecosystem.

[Crypto World] The AVA token, an AI concept within the Solana ecosystem, has recently become a cautionary tale. From its peak in January, it has fallen over 96%, with the price dropping from nearly $0.33 to around $0.01. What’s the reason? On-chain data reveals that about 40% of the initial supply is held by a coordinated group of insiders' Wallets. This sounds very suspicious. Such situations are actually not rare on Solana and Ethereum; new projects that are rapidly hyped often face issues of concentrated supply. A few individuals control a large amount of tokens, rising alongside the market, and then dumping when it falls, leaving retail investors as the dumb buyers. The story of AVA serves as a reminder to everyone—no matter how much the project party hypes the AI concept, first examine the token distribution logic before considering to enter a position; otherwise, no matter how good the story is, it can't withstand a wave of manipulation by insiders.