Crypto Express

07/16 04:52

TURBO Whale dominance builds confluence

Commanding a market cap of $285 million at the time of writing, it was about 2.7X less than what it had when it peaked in October 2024. The number of holders has continued to rise since early June, with a total of 56.12K.

With the addresses that hold more than $100K TURBO accounting for only 0.42% of the total, they control almost 57% of the supply.

This leaves only 43% to retail, where a big chunk represented those who held less than $1000 TURBO.

Distribution by time held shows that “Cruisers” (mid-term holders) make up 63.96%, compared to just 4.94% “Traders,” suggesting the base is more committed than speculative.

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