Blockchain analytics firm Bubblemaps has released data indicating that wallets associated with Edel Finance acquired approximately 30% of the total token supply during its initial distribution phase. The findings, based on comprehensive on-chain analysis, suggest these purchases were executed through multiple addresses linked to the project’s core team members.
In response to these revelations, Edel Finance co-founder addressed the situation, clarifying that the substantial token acquisition was part of the platform’s structured rollout strategy rather than market manipulation. The executive emphasized that these tokens were obtained through legitimate channels as outlined in the project’s original tokenomics framework, designed to support long-term ecosystem development and platform sustainability.
The disclosure has sparked significant discussion within the cryptocurrency community regarding token distribution transparency and equitable allocation practices. Industry observers note that while team allocations are common in project launches, the scale of this particular acquisition warrants careful examination of the platform’s distribution mechanics and long-term value proposition.
Market participants are now closely monitoring how Edel Finance will address community concerns while maintaining its development roadmap. The situation highlights the growing importance of transparent blockchain analytics in verifying project claims and ensuring fair market participation for all investors.
