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LIBRA Token Supply Concentration Raises Concerns After $87 Million Extracted, Bubblemaps Says

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2026-06-30 12:00:42
Bubblemaps said a single LIBRA wallet cluster extracted about $87 million within the first hour of trading, with 82% of the token supply concentrated in that cluster. According to NS3.AI, LIBRA briefly reached approximately $4 billion in market cap in less than two days after Javier Milei publicly supported its launch.

The token later crashed, and the report said investor losses exceeded $250 million.
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