Analysis: Trend Research Holds 64.25% of NEIRO Meme Coin's Total Supply

BlockBeats News, June 20th, according to EmberCN monitoring, Trend Research under LD Capital not only holds 173,000 ETH, but also controls the majority of the supply (64.25%) of the Meme coin NEIRO.

EmberCN organized the affiliated addresses of Trend Research and found that multiple addresses holding ETH have a common token: NEIRO. Through 13 affiliated addresses, they collectively hold 64.25% of the total NEIRO supply, worth $55.69 million.

EmberCN stated, "In addition to 8 addresses belonging to exchanges/market makers/pools, the first 21 NEIRO holding addresses are just these 13 addresses. All of this 64.25% of NEIRO's total supply was withdrawn from Bybit and Gate between 3/24 and 5/30, during which time NEIRO's price surged 6x ($0.0165-$0.1155). This should be their doing."