PIGEON4pMsh7JF5wXjkx8sK6gJgv14xkBy1kUoMv4ixN8npump
Case file · ante-mortem observation
RECOVERING.
Extreme wealth concentration with anemic trading
Grade Score
71/100
Grade B · RECOVERING
Mkt Cap
$4.5K
+1.3% · 24h
Liquidity
$6.4K
Volume 24h
$155.66
Holders
400
Field Report
The Pigeon: A Study in Centralized Demise
Here we observe the PIGEON token in its natural habitat—a liquidity pool so shallow one might wade through it. Despite revoking both mint and freeze authorities in a gesture of decentralization theater, the creature remains fatally compromised: ninety-three percent of its population concentrated in merely ten talons. It flutters still, technically alive, but like a bird with clipped wings, its $155 daily volume suggests even the market has stopped watching.
Diagnosis
Liquidity
Draining
$6.4K pool depth.
Activity
Flatlined
$155.66 volume / 24h.
Holders
Extreme cluster
Top 5 hold 87.4% of supply.
Cause
Likely Cause
Extreme wealth concentration with anemic trading
Patient Note
They said it was decentralized. The top ten holders disagreed—vigorously, and with 93% conviction.
Holders
Top 1
76.5%
Top 5
87.4%
Top 10
93.0%
016ZRY...8FnY76.54%
02APUn...Le1PAUTOPSY3.19%038fSn...EyLJAUTOPSY2.63%049viD...vivs2.56%
05GVhh...8vKp2.51%
069d44...4GEHAUTOPSY1.55%07s1o7...xVmA1.17%
086Jqg...tYmr1.07%
093zz4...YvioAUTOPSY0.91%107iZV...zRTW0.83%
BEHAVIORAL COST BREAKDOWN
326.51 SOL
total lost — cohort
Emotional TradingPRIMARY
286.70 SOL87.8%
Mistimed Exits
0.000 SOL0.0%
Position Sizing
39.81 SOL12.2%
Standard Losses
0.000 SOL0.0%
Emotional Trading drove most of the cost across this cohort. Panic buys, panic exits, averaging down into losses.
Based on 5 holders · scanned 41d ago
Wallet Casualties
AuPp...yqrf
Never sold. Still holding. Still hoping.
-142.601 SOL
8n5E...DMyE
Kept buying. It kept dumping. They kept buying.
-67.324 SOL
ASDh...pfa6
Never sold. Still holding. Still hoping.
-55.269 SOL
3JEX...dLkm
Never sold. Still holding. Still hoping.
-39.806 SOL
Bqee...RVXP
Never sold. Still holding. Still hoping.
-21.509 SOL