High concentration by large holders at 85% could impact BEAM’s market stability, reflecting significant control by a few entities.has shown a notable price increase, valued at $0.01863 at press time, reflecting a 10.83% rise in the last 24 hours, per
Additionally, the Klinger Oscillator showed a strong positive value of 22.516M, reinforcing the upward trend. The Awesome Oscillator also supported the bullish sentiment, with a value of 0.00138.Despite the recent price increase, only 23% of BEAM holders were in profit, while 68% are at a loss, according to AMBCrypto’s look atThe concentration of large holders was high at 85%, indicating that a few entities controled a significant portion of the token supply.
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