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  • Summary@monchhh0 and 1 other
    Two posts discuss concerns around $MONTRA's top holder. One notes that this holder may own a large portion of the supply, but not Artnom, $MONTRA's reflection, and imagines what could happen if $ARTNOM flips $Montra . Another flags a major risk: while researching $MONTRA, the author found the top holder is involved in an ongoing dispute around @spinor_ and $CASHCAT — Spinor previously led the $CASHCAT CTO after Noxa stepped away — and has publicly threatened to dump their tokens and prevent the price from going higher .
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    1. 1.
      onchainrunnerXBT@monchhh0
      $Montra ’s top holder may own a large portion of the supply, but they don’t own Artnom, its reflection. This narrative is crazy, and I’ve picked up some $ARTNOM at these levels. Things could get interesting. Just imagine if this flips $Montra. $Montra <> $Artnom 0xade59f478f884ff304ce4799e53d43656f9bef06
    2. 2.
      Stitch@stitchdegen
      A Major Risk for $MONTRA That I Think Everyone Should Know About While researching $MONTRA, I noticed something quite concerning about one of the token's top holders The issue isn't just that a whale is holding a large amount of supply. This holder is also involved in an ongoing dispute surrounding @spinor_ and $CASHCAT, and has publicly threatened to dump their tokens and prevent the price from going higher I think this deserves some attention, so let me explain the situation The story goes back to $CASHCAT, where Spinor previously led the CTO after Noxa stepped away Some community members have accused Spinor of using the reputation and influence he built through Cashcat to promote Montra on Elysium. Some have even claimed that he's one of Montra's cofounders Spinor addressed these allegations in a lengthy thread on November 8. He explained that he had invested significant money and effort into Cashcat, denied using the Cashcat community to attract attention to Montra, and stated that Montra was built by a team of around 15 people, mainly Hyperliquid maxis However, Montra's team remains largely anonymous, and there's still no official confirmation that Spinor is the project's founder So far, this remains an unresolved community dispute rather than evidence of wrongdoing The reason I'm bringing this up is that the dispute appears to have carried over into $MONTRA itself Specifically, the account igotruggedoncashcat, which has been publicly criticizing those involved in the Cashcat drama, is also the $MONTRA top holder I've been tracking, based on the information I've gathered This person has accused the launchpad of rugging users and openly threatened to dump their holdings More importantly, the account claims to control around 5% of the supply, with another 3% potentially available, while repeatedly stating that they won't let the token run However, these are the account's own claims. The actual amount of $MONTRA controlled by this person still needs to be independently verified And here's the on-chain activity that particularly caught my attention Main wallet : 0xe4e6b2adfa0f13d18cd5bd057a47bebb3b1ac7f9 Three addresses I've identified as funding or token transfer sources: 0xc4addd594c5eaaf661465d194dc964a5e1e312b7 0x40d567b5e60317a5b4cbf797936d327705cd9a4b 0xe5154aaeb3b855f3769f0eaf019e955f3eebc139 Based on the transactions I've been tracking, this holder appears to be accumulating tokens through multiple wallets rather than buying everything directly from a single address Funds or tokens seem to move through intermediary wallets before eventually being consolidated into the main wallet, where the position becomes publicly visible on FOMO If these addresses are indeed controlled by the same person, the total supply exposure could be larger than what traders initially see when checking just the main wallet However, the ownership links between these wallets and the actual token holdings still need further on-chain verification And this is where I see the real risk Given the public threats and the unresolved dispute involving Spinor, I suspect this holder may be trying to accumulate a large amount of supply to put pressure on the team rather than simply looking to profit from a trade The concern is that this holder could use their tokens to create selling pressure whenever $MONTRA starts gaining momentum, making it difficult for the token to sustain a rally Of course, this is my interpretation based on what's happening, not a confirmed motive I still think $MONTRA has a fairly strong narrative. The launchpad has real trading activity, and Ansem and several other KOLs buying in have also helped attract more attention to the token But a strong narrative doesn't mean we can ignore the risks associated with concentrated supply, especially when a major holder is publicly threatening to sell I'd also like the Montra team to provide more clarity about Spinor's role and the allegations surrounding the Cashcat drama I'm not claiming that the team has done anything wrong or that this holder is definitely trying to manipulate the price But between the public threats, wallet activity worth investigating, and unresolved disputes within the community, I think there's already enough reason for everyone to take this risk seriously rather than blindly chasing the FOMO Just be patient 0x063f7cc5339f92a5fd7baf3d22233044fda1f327

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