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Early sale of 32% of SI tokens for $24K missed $15M current value, showing risks of concentrated token holdings.

Market News
30 Sep 2026
Tokenpost
View Source
Bearish
Early sale of 32% of SI tokens for $24K missed $15M current value, showing risks of concentrated token holdings.

An early sale involving about 32% of the SI token supply was executed for roughly $24,000, despite the tokens now being worth around $15 million. The initial 20% allocation went to one wallet, with eight others buying an additional 12%. These wallets later sold their entire holdings at the low price, highlighting the risks of concentrated token ownership and its potential impact on market value. This case underscores the importance of monitoring early token allocations to understand market dynamics and risks.

The story on SI token early sale involves about 32% of its supply sold for roughly $24,000 despite a current value near $15 million. For readers following the broader cryptocurrency market, here is Pluang's snapshot as of Oct 01, 2026 00:03 WIB: out of 50 major cryptocurrencies, 32 rose and 17 fell. Notable movers include SUSHI with a price of Rp4.938 and a 1-day change of +5.41%, AAVE at Rp2.879.765 down 4.82%, and CRV at Rp6.971 down 3.09%. Typical hold times range from 62 to 105 days, with varying buy/sell order activity.

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