@jacek

I dug into the first wallets that bought $POOF to understand how much supply snipers and bundlers picked up, where it went, and how much they still hold. The good news: every bundler group I identified has sold out, and most of the sniper supply has already changed hands. That gives POOF a lot more room to grow. At launch, one wallet bought 20.4% of the entire supply in the first block, 26 seconds after liquidity went in. Within the first second, nine wallets had bought 36.7%. Around eight minutes in, the sniper and bundler groups identified in the analysis held roughly 40%. The clearest bundle was seven wallets that all received gas from the same address almost two hours before launch, then bought together in the same block nine separate times. All seven had fully exited within four hours. The address that funded them holds nothing. Every other bundler group I identified, several more sets of four and five wallets buying in the same blocks, has since sold out too. I also followed transfers, because an empty wallet doesn't tell you much if the tokens just moved to another address. The first buyer, for example, split part of its position between two fresh wallets. One sold everything. The other still holds about 1.5% of supply and hasn't moved since launch day. Across the early wallets and directly linked recipients, roughly 4% of supply remains traceable to those launch positions. Including additional wallets with uncertain connections brings the estimate to around 7 to 7.5%. Some transfers went through routers, so attribution isn't perfect. From ~40% at minute eight to ~4% today. Most of the supply concentrated in those launch bots has already changed hands, and the position today looks very different from those first eight minutes. Seeing that concentration unwind just one week in makes me optimistic about what comes next. Plenty of room to build around POOF and grow this community.

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