Analysis: 80% of OVPP token supply is centrally controlled

Blockchain analytics platform Bubblemaps published an article on the X platform alleging that 80% of the OVPP token supply is 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. Coinbase-related wallets hold 10% of OVPP, Union Chain-related wallets hold 10%, ChangeNOW-related wallets hold 20%, and Binance-related wallets hold 40%.