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CAUSE OF DEATH

MSV Protocol: A Concentration Camp Tragedy

Here we observe a most peculiar specimen—a token that managed to revoke both its authorities, yet somehow still perished. With a mere 39 holders and the top ten controlling every last satoshi, MSV Protocol became a masterclass in mathematical inevitability: when ownership is absolute, so too is the exit. In just 278 hours, it discovered what every whale eventually learns—that there must be someone left to sell to.

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HOLDER CONCENTRATION

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