TechFlow, on November 20, blockchain analytics platform Bubblemaps discovered that 70% of the $BULLISH token supply is held by new wallets funded from Binance. These wallets were funded in a concentrated period between September 13 and 24, then heavily purchased $BULLISH within 30 minutes after the token's launch on October 2.
The token's market cap has surged to $40 million, but Bubblemaps指出 this growth stems from a typical "bundling" manipulation pattern.
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