I'm a bit weary of the ability of the richlist and the way it tracks cloakcoin holdings.
- The coin count is often inaccurate - most people have more or less coins than what the big list says.
- Some of the wallets are newer than 6/20 (The day cloak hit the exchanges) and have no staking and some have huge deposits with no correlation to buys of that size
- According to the list one person in the top ten liquidated 150K coins on 6/20 and bought 90K recently without it making much of an impact on the prices at the exchanges(I.E. #4 and #6 are the same person)
- Some of the accounts in the top 300 are derivatives of the top holders - they fluff up the list and make it look like there's more investors in cloak than there actually are
Go to the richlist and look at the following addresses(All in the top 50):
CGEQkDc2Vhz7tv7gp6KNnUL8eFKyRusFZh
C8Cs7Tu5rQx59mAW1QN5zUd1Y9p3KzY57T
Bv3xXM7sd5Gyw6WjruKUU63FfR5uWKnFpb
C5otGv19q2UHYThA9hWTym3rhBeY54oGqK
C8S4vxNyTV42tNBETSEshVaGidQprSYRaH
C5YhEHTk9GTVZESsVCSnVe3RdLcSN6EtkB
Bw6YMTFYsuLLbpuhHyN2dkhAGEqJxtH3yj
ButHESe1NSsywPqvTSsKdH8HdioGduK1dJ
C6dUB9hhjckef5vk8pSXsipgHwPFHxjvrz
These wallet addresses appear to give the illusion of many large investors
Skimming through the top 173 I see 40 addresses holding coins with less than 5 transactions:
- 5 in the top 30
- 10 in the top 42
- 15 in the top 66
- 20 in the top 87
- 25 in the top 101
- 30 in the top 110
- 35 in the top 152
- 40 in the top 173 <- more than 20% of the top 173 are wallets with less than 5 transactions who are not staking
Think about the amount of coin lost by not staking when the wallet in position 173 has ~$1200 (1200 * 0.06 = 72 / 365 = $0.20 per day).
The wallet at position #13 has ~$15000 (15000 * 0.06 = 900 / 365 = $2.47 per day)