The token distribution of $GRASP (CA: 4uUB9gLxUdh6jRMr1E5hgHEjQo7Z7gMPCjLHAm4KBAGS) reveals an interesting pattern when analyzed through chain data. Contrary to concerns about insider accumulation, snipers represent only a 5% holding bracket according to available cluster data.

Breaking down the wallet concentration: bubblemap analysis identified five distinct clusters at 3.4%, 3.2%, 3.8%, 4%, and 5.7% respectively. What stands out is the CEX map cluster, which holds a significant 71.5%—indicating substantial exchange-based liquidity. Meanwhile, wallets funded from major platforms show considerable presence: those linked to certain tier-one exchanges account for 23.2%, while another major platform shows 23.9%.

This distribution suggests the token's liquidity is heavily concentrated on centralized exchanges rather than fragmented among retail holders, which presents both opportunities and considerations for traders monitoring market dynamics.