TechFlow reports, according to Scopescan monitoring, the top two MAGA token holders—address 0x22fd (holding $4 million worth of MAGA) and 0x0fca (holding $3.96 million worth of MAGA)—belong to the same entity. The entity, associated with the address starting with 0x6b4b, previously spent 1.8 ETH to purchase MAGA and distributed it across multiple addresses, many of which have since sold their tokens.
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