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Coinbase executive estimates: At least 94% of new Kanye tokens are held internally

2025-08-21 02:58

According to Odaily Planet Daily, Coinbase director Conor Grogan stated in a post on the X platform that at least 94% of the new Kanye tokens are held internally, of which 87% were previously controlled by a single multi-signature wallet and are now dispersed across multiple addresses; approximately 3% were purchased in large quantities by multiple wallets at the opening, and 7% are used in liquidity pools.