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Interesting pattern spotted in $ATLAS token distribution. Right before the project's launch, 68 wallets received funding through ChangeNow in a coordinated manner. What stands out:
These addresses showed zero prior blockchain activity. The funding came within compressed timeframes using remarkably similar ETH amounts. Immediately after, they all scooped up $ATLAS tokens.
Fast forward and this group now controls 47% of the circulating supply—worth approximately $1M. The synchronized wallet creation, identical funding sizes, and tight acquisition window paint a picture of highly concentrated early distribution. Classic whale behavior that shapes the market's initial dynamics and raises questions about token decentralization from day one.