Nexo

$NEXO

Here is a high-level wallet breakout of Nexo ($NEXO).

According to CoinMarketCap, the tokens are distributed over three chains ETH, BNB, and Polygon.

ETH: Has 78.2K Holders. BNB: Has 5.3K Holders. Polygon: Has 871 Holders.

So ETH is the primary chain, with 92.7% of the holders.

It seems all the token burns are done on ETH as well. There are multiple NULL wallets with over 35% of the tokens burned: Null: 0x111...111 @ 20.83% Null: 0x222...222 @ 9.84% Null: 0x333...333 @ 3.33% Null: 0x444...444 @ 1.37%

The wallet breakout looks very distributed among holders. On ETH, almost all the wallets (over 71K of 72K) are 🦐Shrimps (Less than 0.1%) of the tokens.

This looks like a very healthy Four Stars!

Note: In the image, you will see lots of big wallets that mostly exchange hot wallets or burn wallets; in fact, almost all the top 20 are not individuals. Show Less

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