Onchain Lens said 13 early-buyer wallets moved their full WEN holdings into the address cluster, which now holds 25.03% of WEN’s total supply on Robinhood Crypto.
A wallet linked to Peter Saddington received 250.3 million WEN valued at about $2.3 million, in a transfer flagged by Onchain Lens. The blockchain analytics account said 13 wallets that bought WEN early consolidated their entire holdings into the linked wallet. The address cluster reportedly acquired the 250.3 million WEN by spending about $3,268 in ETH, and it now controls 25.03% of WEN’s total supply on Robinhood Crypto. The concentration highlights how early token accumulation can translate into an outsized share of circulating supply when holdings are merged into a single cluster.