A single entity is believed to control more than half of the high-yield COAI addresses, reportedly generating a total profit of $13 million. This significant concentration of control raises concerns about market dynamics and the potential implications for stakeholders involved. The entity’s dominance in this sector could influence pricing and accessibility for other participants. Analysts are closely monitoring the situation to understand the broader impact on the industry and any regulatory responses that may arise. The findings suggest a need for further investigation into the ownership and operational practices of these addresses.
