Top 50 Holders of EOS control 94% of the total supply
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Top 50 Holders of EOS control 94% of the total supply

<table> <tr><td> <a href="https://www.reddit.com/r/CryptoCurrency/comments/12vg7wh/top_50_holders_of_eos_control_94_of_the_total/"> <img src="https://external-preview.redd.it/W3NL8zSBHIm1ncd8kwMVqXvYrQ4W96kqxSPzrJQViVg.jpg?width=640&amp;crop=smart&amp;auto=webp&amp;s=1baa487eb67015aab672c2881bf2976d75174749" alt="Top 50 Holders of EOS control 94% of the total supply" title="Top 50 Holders of EOS control 94% of the total supply" /> </a> </td><td> <!-- SC_OFF --><div class="md"><p>A few days ago I made a post about Dogecoin and the fact 66% of the supply is controlled by the top 100 addresses. Well I continued to do some digging into other cryptocurrencies and found that 94% of all EOS is owned by the top 50 addresses.</p> <p>&#x200B;</p> <p><a href="https://preview.redd.it/rmc9qqhekhva1.png?width=381&amp;format=png&amp;auto=webp&amp;s=8899d4d196c77c4f9d3acd9e0eb814e4d21d6b0a">https://preview.redd.it/rmc9qqhekhva1.png?width=381&amp;format=png&amp;auto=webp&amp;s=8899d4d196c77c4f9d3acd9e0eb814e4d21d6b0a</a></p> <p>After seeing these numbers I did some more research and found this issue was brought to light 5 years ago on the EOS subreddit in <a href="https://np.reddit.com/r/eos/comments/8o7cdw/eos_rich_listgenesis_snapshot_statistics/?rdt=45022">this post</a> and this <a href="https://www.investopedia.com/news/top-100-holders-eos-own-75-or-11b-worth/">article</a> when the situation wasn't nearly as bad and the supply was smaller.</p> <p>Total Supply 5 Years Ago: 1,000,000,000 EOS Tokens | Total Today: 1,153,534,963 EOS Tokens (Supply increased 15.35%)</p> <p>At that time of that post the top 100 holders had around 75% of the supply and 5 later the top 10 addresses alone have more than that. These are the top 10 addresses today:</p> <ol> <li><a href="https://eosflare.io/account/eosio.stake">eosio.stake</a> | 253215017 EOS | 21.95% of supply</li> <li><a href="https://eosflare.io/account/eosupbitcold">eosupbitcold</a> | 156399705 EOS | 13.56% of supply</li> <li><a href="https://eosflare.io/account/binancecold2">binancecold2</a> | 81967940 EOS | 7.11% of supply</li> <li><a href="https://eosflare.io/account/eosio.fund">eosio.fund</a> | 68277906 EOS | 5.92% of supply</li> <li><a href="https://eosflare.io/account/j4obibe5lfv1">j4obibe5lfv1</a> | 64885405 EOS | 5.62% of supply</li> <li><a href="https://eosflare.io/account/b1">b1</a> | 64672348 EOS | 5.61% of supply</li> <li><a href="https://eosflare.io/account/okbtothemoon">okbtothemoon</a> | 61139288 EOS | 5.30% of supply</li> <li><a href="https://eosflare.io/account/eosio.rex">eosio.rex</a> | 59021990 EOS | 5.12% of supply</li> <li><a href="https://eosflare.io/account/wlqdprkffody">wlqdprkffody</a> | 36073985 EOS | 3.13% of supply</li> <li><a href="https://eosflare.io/account/kjhbgvcfghfd">kjhbgvcfghfd</a> | 27249789 EOS | 2.36% of supply</li> </ol> <p>Though tbf the top holder with a little over a 5th of the supply seems to be a staking wallet.</p> <p>To all the EOS investors, does this concern you? If you aren't invest in EOS and you saw this would you consider this a red flag? Personally have never invested in EOS but this would be a red flag in my book. The fact that such a small number of addresses control such a large % concerns me.</p> <p><a href="https://www.coincarp.com/currencies/eos/richlist/">Source 1</a> | <a href="https://eosflare.io/whales">Source 2</a></p> </div><!-- SC_ON --> submitted by <a href="https://www.reddit.com/user/CryptoIsThePlan"> /u/CryptoIsThePlan </a> <br/> <span><a href="https://www.reddit.com/r/CryptoCurrency/comments/12vg7wh/top_50_holders_of_eos_control_94_of_the_total/">[link]</a></span> <span><a href="https://www.reddit.com/r/CryptoCurrency/comments/12vg7wh/top_50_holders_of_eos_control_94_of_the_total/">[comments]</a></span> </td></tr></table>
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