Mystery of the whale wallet holding 50% of Axie Infinity’s SLP supply By Cointelegraph

[ad_1]

Mystery of the whale wallet holding 50% of Axie Infinity’s SLP supply

For nearly a year now, a mysterious wallet has been quietly amassing billions of Smooth Love Potion (SLP), the in-game cryptocurrency powering one of the industry’s most popular play-to-earn (P2E) crypto games.

Today, the anonymous whale wallet now holds a little over 22 billion SLP — more than 50% the total circulating supply of the token.

Should we be worried?

Who owns it?