40% of AVA Tokens Concentrated in 23 Deployer Wallets

2025-12-19 22:27

Bubblemaps analysis reveals that 40% of the initial $AVA tokens are concentrated in 23 wallets linked to the deployers. These wallets, which received funds from Bitget and Binance prior to the token's November 2024 launch, show no prior transaction history. The consistent timing and quantity of these deposits suggest a coordinated effort to acquire tokens early. $AVA, launched by Holoworld AI and backed by Polychain, reached a fully diluted valuation of $300 million in early 2025.

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