According to on-chain tracking firm Lookonchain, prominent crypto whale Ansem has airdropped 67.38 million ANSEM tokens (worth approximately $9.43 million at the time) to more than 700 wallet addresses. Of this airdrop, 49.89 million ANSEM (approximately $6.98 million) was concentrated into just 7 wallet addresses.
Data shows that these 7 addresses have already sold 38.29 million ANSEM (currently valued at about $5.36 million), realizing a profit of roughly $1.29 million. They still hold 11.60 million ANSEM, worth approximately $1.62 million. The remaining 17.49 million ANSEM is distributed across the other 700+ addresses.
The rapid sell-off by some recipients has raised concerns about short-term selling pressure. Large-scale token distributions by whales often impact token prices, and market participants will be watching ANSEM's on-chain flow closely in the coming days.