According to Foresight News, the top two MAGA coin holders, identified by the addresses 0x22fd and 0x0fca, have been found to belong to the same entity. The entity in question holds MAGA coins worth $4 million and $3.96 million respectively in these addresses.
The entity also owns another address starting with 0x6b4b, which was used to purchase MAGA with 1.8 ETH and distribute it to multiple addresses. Many of these addresses have since sold their tokens. This discovery sheds light on the distribution and ownership of MAGA coins, a key aspect of understanding the dynamics of this particular cryptocurrency.