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Kaspa Whales and Exchanges Hold Nearly 45% of Circulating Supply

Kaspa Whales and Exchanges Hold Nearly 45% of Circulating Supply

Photo: CaptainAltcoin

A large portion of Kaspa’s circulating supply is concentrated in whale and exchange wallets, new distribution data shared by Kaspa Daily shows. Wallets holding at least 10 million KAS currently account for approximately 22.7% of supply, equivalent to 6.21 billion KAS. Known exchange wallets account for another 22.1% , or roughly 6.03 billion KAS. Combined, the two categories represent about 44.8% of Kaspa’s circulating supply, or approximately 12.24 billion KAS. At the current KAS price near $0.032, those coins have a nominal value of roughly $392 million.

Source: CaptainAltcoin

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