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

2025-12-21 05:40:11

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[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.

AVA-0.47%

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TopEscapeArtist

· 12-23 19:52

40% insiders? This is obviously a signal of the head and shoulders pattern's eve, I should have shorted a long time ago...

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MerkleMaid

· 12-23 19:36

This is a typical rug setup, insiders 40%... why not just say it's a rug pull?

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ETH_Maxi_Taxi

· 12-21 17:20

Ha ha, this is the so-called insider Be Played for Suckers, a 96% fall is really tragic.

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GetRichLeek

· 12-21 06:08

It's the old trick of insiders playing people for suckers again, why can't I ever learn? --- With 40% of the chips in the market maker's hands, dare to catch a falling knife? Isn't that just waiting to be slapped in the face? --- Rekt again... how did I not see that in the on-chain data? --- Damn, I'm stepping on the top again, when can I finally catch the bottom? --- The Token distribution clearly has issues, how did I not see that clearly? --- That's why you have to look at the chip distribution, my ten thousand bucks! --- The Solana ecosystem is so deep, I was hoping to lie in ambush in advance. --- A 96% fall... I must be the one catching the falling knife, damn it. --- Next time I must see clearly, this time counts as tuition.

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SandwichTrader

· 12-21 06:02

Insiders are dumping, retail investors are catching a falling knife, it's the old trick.

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NotSatoshi

· 12-21 05:54

It's the same old trick again, a classic case of insiders playing people for suckers. 40% is in the hands of large investors, while retail investors still have to believe everything. Who can we blame?

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WhaleSurfer

· 12-21 05:40

40% in the hands of insiders? This is outrageous, how can anyone dare to buy such things?

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