🚨 ON-CHAIN WARNING: QUARKCHAIN (QKC) – NEARLY 20% INCREASE BUT WHO IS IN CONTROL?
📊 Updated at 10:30 – 02/02/2026 (UTC+7)
Source: Etherscan | Binance | On-chain data
On-Chain data analysis shows an extremely dangerous level of concentration in the QKC token system:
🔹 Top 1 wallet holds 57.73% of total supply
(5.77 BILLION QKC – wallet in the format 0x000… has no clear lock commitment)
🔹 Top 2 wallet holds an additional 22.09%
→ Only 2 wallets control ~80% of total supply
🔹 Top 10 wallets control over 96% of circulating tokens
→ The remaining portion for the entire market is only <4%
🔹 Real exchange wallets:
Binance Hot Wallet: 3%
Gate.io: 1.37%
👉 This means only a very small group can manipulate the entire QKC price, regardless of increasing volume.
📈 In the last 24 hours (Binance):
QKC price increased +19.81%
Trading volume ~3 million USDT
Price hit 0.006 then sharply dropped to 0.0042
👉 Quick pump – sharp dump, exactly the whale-driven model.
⚠️ Serious issue:
The project has not clearly disclosed:
If Top 1 wallet is treasury, vesting, or reserve
Unlock schedule / token distribution
On-Chain shows control does not lie with the market, but in the hands of a few large wallets.
👉 With over 96% of tokens concentrated, every “pump” can turn into a “dump” in just a few minutes.
⚠️ Recommendation:
Closely monitor whale wallets, especially:
0x00000000...514b43 (57.73%)
0xBb3d660d...13b8Fc34B (22.09%)
Avoid FOMO when there is no transparent information about lock & tokenomics
Not suitable for long-term holding in the current state
📌 This is an on-chain analysis by Mktgroup-Team, not investment advice.
💬 What do you think about QKC's supply structure? Please leave your opinion and share the article to protect the community together.
#QKC #QuarkChain #OnChainAlert
