$GAS token distribution reveals an interesting holder landscape. Snipers control a significant 15.5% of the supply, while insiders account for 5.9% and the team holds just 2.4%. Looking at on-chain concentration patterns, one major cluster commands 4.5% of holdings, with another cluster managing 3.5%. The most striking observation is centralization on major exchanges—the CEX map shows a 56.5% cluster, indicating substantial liquidity concentration on trading platforms. This distribution pattern suggests both retail participation through sniper allocations and institutional interest through exchange-based positioning, creating a mixed holder composition worth monitoring.

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