According to Odaily, on-chain analyst @ai_9684xtpa has reported that 86 addresses control at least 10.36% of the FEARNOT tokens. Users trading the Ethereum mainnet meme token FEARNOT should be aware of these suspected whale and wash trading addresses, which include the top two holders, collectively owning over 43.6 billion tokens.

One significant source is the address 0x95905ac0ec8b29222763C54f8de8099FFa6Ae54b, which spent 1.0196 ETH to purchase 4.75 billion FEARNOT tokens at an average price of $0.0000007496 after the token's launch. In the first distribution phase, this address has distributed tokens to 14 addresses over the past eight hours, with the top two holding 4.045 billion tokens each, neither of which has transferred or sold any tokens yet.

In the second distribution phase, the remaining 12 addresses accumulated between 2.5 to 5 billion FEARNOT tokens from 3 to 8 addresses and then redistributed them to five new addresses over the past four hours. These smaller addresses are being used to gradually sell tokens on Uniswap.