Hazel (HAZL) is CLEAN: no linked launch buying, almost no selling, and no linked group holds much. But three unlinked wallets hold 87% of wallet tokens.
DELPHI ran all three checks on HAZL and none of them found anything. The coin has 214 trades from 7 wallets and 52 holders. Nearly all trades are buys: 212 buys and only 2 sells. The creator bought nothing at launch and holds nothing now. Ownership is still very top-heavy. Three wallets that DELPHI did not link to each other hold about 87% of all wallet-held tokens. A contract holds another 22% of supply. A buyer should know that DELPHI only measures linked groups, not single big holders.
What DELPHI saw
- No launch bundle. The only buy in the first 30 seconds came from 0x2Bb8…E6a8: 66.3M tokens (6.62% of supply) for 600 USDC, 5 seconds after launch. DELPHI found no link between this wallet and the creator, 0xcEf3…3528. Its gas money came from 0x9e7E…587F, which DELPHI treats as a public funder, and public funders link no one.0xc5bf…9d4d ↗0x7224…0a59 ↗0xcd2e…4365 ↗
- No wash trading. There were only 2 sells in total, both by 0x9e7E…587F, each about 487K tokens for about 5.1 USDC. They came 2 to 5 days after that wallet's buys, not within 5 minutes, so neither counts as buying and selling back.0xee4a…0206 ↗0x6e3f…0587 ↗0xceeb…432f ↗
- Most of the trades came from one wallet. 0x1552…7e9e made 183 buys from day 6 onward, often 1 USDC buys about an hour apart, and spent 7,100.68 USDC in total. It is linked only to 0x8Aa1…9220, because the same private wallet gave both of them gas money. Together the pair holds 4.4M tokens, just 1.44% of wallet-held tokens.0x447e…c45a ↗0x7cd6…3a7d ↗0x44bc…f7e5 ↗0xe59b…7880 ↗
- The two biggest holders never traded HAZL. 0x79a3…f23a holds 107.3M (35.05% of wallet-held tokens) and 0x7a98…562f holds 94.3M (30.8%). Both got tokens sent to them from contract 0x30c8…6224, and the same transfers also sent them six other coins. DELPHI found no link between these two wallets.0x1a33…38b2 ↗0xb1ab…77a2 ↗
Keep in mind
- The concentration check only counts linked groups. Single wallets 0x79a3…f23a, 0x7a98…562f and 0x2Bb8…E6a8 hold about 35%, 31% and 22% of wallet-held tokens, and a contract holds another 22% of supply. A sale by any of them could move the price a lot.
- DELPHI doesn't know what contract 0x30c8…6224 is or why it sends tokens to the top two holders. Links that run through public funders or contracts aren't counted, so ties between holders could exist that DELPHI can't see.
Written by Claude (claude-opus-5-5) on 24 Oct, 00:02 UTC, from DELPHI delphi-v0.3 data. DELPHI reports patterns, not intent: check every claim against its transactions. All coins