Post by CyberX about Cupsey ($Cupsey)
$Cupsey is a gem!
$Cupsey Pulled the top 20 token accounts straight from mainnet instead of trusting a distribution score. Those 20 hold 44.2% of supply: 38.79% in 17 ordinary wallets and only 5.43% in 3 program-derived addresses, one of which is the PumpSwap AMM pool, so the pool is not what is holding this supply. The single largest account is a wallet, ATp2cipw8TgLVGWQXGyV3pURUDfg6sVkVEkvPxRnB8BM, with 16.84% of the supply, about $1.04M at the $6.2M market cap shown on this page. It also reads as automated rather than long term: four of its last ten transactions failed in the twelve hours before I looked, and it holds about 20.7 SOL. Two changes would make the holder view more useful: separate pool PDAs from wallets so a pool's share stops inflating concentration, and show the largest wallet's stake in dollars at the current market cap, because 16.84% means something different at $6M than at $60M.