Bundled wallets

At launch, insiders often spread supply across many wallets in a single block to hide how much they really control. LENS detects bundled buys and estimates the true insider share.

The trick

If one wallet bought 30% of supply at launch it would be obvious. So instead, supply is split across a bundle of wallets that all buy in the same block, each holding a slice small enough to look like an ordinary buyer. Together they still control a huge share, and they can dump it in a coordinated move whenever they choose.

What LENS shows

LENS detects the bundle and estimates how much of the supply the launch wallets actually hold between them. A high bundled share is a CAUTION line, because the float you think is in public hands may be sitting in wallets ready to exit all at once.