On November 20, COINOTAG News reported significant developments in the CHEEMS ecosystem. The primary individual holder, Christian2022.eth, a co-creator of CHEEMS, has seen his holdings surge in value, currently estimated at $7.22 million. This individual commands a notable 3.8% of the total token supply, with a substantial 92% of these assets migrating from Zysync on September 28. In a notable move over the last month, Christian2022.eth has strategically augmented his portfolio by acquiring an additional 6.506 trillion tokens, investing approximately 323 WBNB in the process. This activity underscores the growing dynamism within the CHEEMS market and highlights the potential shifts in liquidity and token distribution as seasoned investors make tactical decisions in a rapidly evolving landscape.
Source: https://en.coinotag.com/breakingnews/copyright-cheems-token-soars-ndv-co-creator-christian2022-eths-holdings-hit-7-22-million-following-strategic-migration/