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One Wallet Holds 1.4B KAS – Is Kaspa More Centralized Than You Think?

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Kaspa’s crypto ecosystem just raised some eyebrows. The top 30 non-exchange wallets hold a total of 4.43 billion KAS, about 16% of the total supply.  The top 10 wallets alone make up 12%. And the biggest wallet? A huge 1.4 billion KAS, far outpacing the second-largest wallet. With numbers like these, it’s natural to ask:
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