80% of the tokens are concentrated in a few addresses, and within 3 minutes of launch, 200 new wallets bought in synchronously. This concentration looks like textbook-level market manipulation. Arrow Finance's pool is quite deep.

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CoinNetwork
News from Bitjie. According to bubblemaps monitoring, approximately 80% of the ARROW tokens of Robinhood’s on-chain lending protocol Arrow Finance are concentrated in a small number of addresses. On-chain analysis shows that 200 wallets with no EVM interaction records bought ARROW within 3 minutes after it went live, and these addresses were funded by the same source address 0x0a5…6a6c. Bubblemaps has identified multiple large address clusters and reminds investors to exercise caution when trading ARROW.
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