Sixty trades, no head start

miguel went live at 22:14:45 UTC. Sixty trades landed in the launch window, split evenly between 13 bundlers and 13 snipers. The bundlers walked away with 8.43% of supply, the snipers with a flat 0.06% — a lopsided split for two groups that showed up at the exact same time. Structure reads Risky, 13/100, driven by 24.6% top-10 concentration and that 8.4% bundled supply, with matched balances contributing a smaller 0.6%.

Risky 15/100 (lower is cleaner) · 0 of 6 signals elevated, 4 exited

15 cohort wallets took 51.77% of supply, still hold 0%, and of 14 measured: paid 55.83 SOL, took out 47.60 SOL