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Is it true only 8 people hold 48% of all

solana coins.wouldnt this caused proce crash of they start selling?

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yes it would, as with any crypto if profit is your game, you have to time it so you sell before the large holders sell. If you;re in it for the utility, price doesn't matter as much, cheaper the better.

1 Sol is always 1 Sol, if youre in Sol for more USD that's another matter.

I cannot confirm those numbers but you have big holders/whales on every chain. Depends how you look at this issue. To me it easier to panic sell lot of small fish than big long-term investors. So I don't see it necessarily as disadvantage to have some strong long term holders and big investors behind the project. BTW tell me which project doesn't have whales, I would like to hear, lol.

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