Layer3 Ownership Concentration Revealed
Layer3 (L3) is a cryptocurrency that has seen significant concentration of ownership among its top holders. According to recent data from CryptoRank, the largest 100 wallets control 98.94% of the total 3.33B token supply. This means that only a small percentage of owners hold the majority of the tokens.
The distribution of Layer3's supply is as follows: whales (460) own 0.19%, sharks (170) hold 0.07%, dolphins (610) have 0.26%, fish (1840) possess 0.78%, octopuses (5342) control 2.26%, crabs (1739) hold 7.37%, and shrimp (21030) own 89.1% of the total supply.
The top 100 holders in Layer3 are dominated by wallets, with 98.9% of the supply held by them. The largest wallet among these holds 17.6% of the total supply, followed closely by other large wallets that hold between 8-10% each.