Bubblemaps: MYSTERY token appears to exhibit highly centralized control behavior.
CoinFeed reported on May 5th that on-chain analytics platform Bubblemaps posted on the social media platform X, stating that the token "MYSTERY" exhibited highly concentrated holdings in its early stages, describing it as a "textbook example of market manipulation." According to data disclosed by Bubblemaps, approximately 90 newly created wallets acquired about 90% of the circulating supply during the token's launch phase and continued to reduce their holdings during subsequent trading, having already cashed out over $100,000 while still holding approximately 40% of the token supply. Bubblemaps also pointed out that the token showed clear signs of "bundled distribution" and centralized fund control during its launch phase. Furthermore, some KOLs involved in promoting the token were suspected of paid promotion activities. These on-chain behavioral patterns demonstrate a high degree of consistency and centralization.