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Bubblemaps Flags Concentrated Holdings in AI Agent Token AVA

Data from Bubblemaps shows 23 wallets tied to Bitget and Binance amassed 40% of AVA’s supply shortly after its November 2024 launch.

Summary

Bubblemaps identified 23 wallets linked to the cryptocurrency exchanges Bitget and Binance that collectively purchased around 40% of the AVA token supply at launch in November 2024. These wallets received funds from the exchanges just before acquiring the AI token, which is powered by Holoworld AI.

Terms & Concepts
  • AI agent token: A blockchain-based digital token representing or enabling autonomous AI-driven functions or applications.
  • Holoworld AI: An artificial intelligence platform that powers the AVA token, likely enabling advanced autonomous agent capabilities.
  • Token supply concentration: A situation where a large portion of a cryptocurrency’s total supply is held by a small number of wallets or entities, potentially affecting market dynamics.