The distribution of SOLANUM tokens shows a noteworthy phenomenon—internal participants have concentrated 47% of the tokens in 18 wallets. This highly concentrated ownership structure often reflects an excessive concentration of influence by the project team or early participants, which could cause liquidity shocks to the market at critical moments.

For investors interested in the Base chain ecosystem, such data is often an important indicator of the project's health. Overly concentrated holdings imply higher risk exposure; when large sell-offs occur, small retail investors are more likely to become the bagholders. Those interested in a deeper understanding of the project's holding dynamics can use on-chain data tools to query real-time holdings and historical transaction records of each wallet.