Bubblemaps Flags Sale of 32% SI Token Allocation Linked to Developers
The tokens were sold for about $24,000 but would be worth roughly $15 million at current prices, Bubblemaps said.
Bubblemaps flagged an early sale involving roughly 32% of the SI token supply, saying the allocation was sold for about $24,000 even though it would now be worth approximately $15 million.
The wallet identified as 9pkJqJ initially received 20% of the supply. Eight additional wallets then bought another 12%, bringing the combined allocation linked to the early activity to about 32%.
Bubblemaps said the wallets later sold the entire position for roughly $24,000. At current prices, those tokens would be valued near $15 million.
The transaction highlights the potential market impact of concentrated early allocations, particularly when a small group of wallets controls a large share of a token’s supply.
