The situation hasn't evolved much here. One key player controls the fee distribution mechanism and holds 10% of total supply—a significant concentration that's worth paying attention to.

If you want to spot the real opportunity (or risk), keep a close eye on the next time this holder claims their accumulated rewards. The candle movement and volume spike around that transaction will tell you exactly how much value has been extracted. It's the kind of pattern that separates informed traders from the rest.

This dynamic—where a single entity controls both the fee mechanism and a major supply chunk—creates predictable market moments worth monitoring.