EVAA: 87% Whale control + unknown unlock schedule = 2-4 week speculation, not investment

Top 10 wallets control 87.55%. Three wallets own 61.72%. 86.8% of supply locked with no public schedule. EVAA pumped 456% in 14 days while adding only 750 holders. The kind of concentration that separates manipulation from discovery. Currently #3 trending as Bitcoin dominance drops from 59.94%—micro-cap pump during early rotation.

"First lending protocol on TON" with $14M TVL and $63M market cap, yet no revenue data and extreme whale control. Expected value: $6.80 (-30%) base, $15-18 (+55-86%) IF momentum extends 2-4 weeks. But 87% concentration + unknown unlock = 60-80% crash risk when trending ends or locked supply hits.

What's token concentration? % of supply controlled by largest holders. Above 70% = manipulation risk. EVAA's 87.55% is extreme—compare Jupiter's 72.51% or Bitcoin's ~5%.

What's BTC.D? Bitcoin's market share. Higher = alts starve. Lower = alts thrive.

What's expected value? Probability-weighted outcome—not prediction, risk/reward framework.

Research Date: October 25, 2025 | Read Time: 9-10 minutes