Data from IntoTheBlock reveals a significant concentration of $TRX holdings among large holders, or whales, who control 56.56% of the total supply, translating to approximately 47.93 billion TRX. In contrast, smaller investors collectively own just 10.24% of the supply, which amounts to about 8.68 billion TRX. This stark difference highlights the dominance of a few large entities in the $TRX ecosystem, with ownership distribution heavily skewed toward whales. https://twitter.com/PinnacleCrypt/status/1834219857946313053?t=B8JVtY9zQxvR_TTLxTQ09A&s=19 This concentrated ownership suggests that the actions of a few major holders could have a substantial impact on the token’s market dynamics, potentially driving volatility or influencing the direction of price
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