BlockBeats news, on March 4, TKResearch Trading cited Nansen data on social media, indicating that prior to the World Cup (June), on-chain activity suggested possible attempts to accumulate CHZ.
Data shows that the current circulating supply of CHZ is 10.15 billion, with 5.63 billion held in Chiliz wallets and cross-chain bridges, 1.37 billion still remaining on exchanges, resulting in an actual net circulating supply of approximately 3.15 billion.
Since December 11, the platform has recorded a net outflow of 150 million CHZ (down from 1.52 billion to 1.37 billion). Between December 11 and 14, nine newly created addresses collectively purchased 384 million CHZ from Coinbase at an average price of approximately $0.033. Following this, the price of CHZ doubled to $0.06, yet these addresses did not sell during the rally; instead, they added another 100 million CHZ. Currently, these large holders collectively hold 384 million CHZ, accounting for 28% of the platform’s total reserves and 13% of the net circulating supply.