MOONLET

Moonlet's holder set at block 78,175,226 reconciles with the chain; the report covers concentration, cost basis, profit and loss, and simulated exits.

• Balances rebuilt from 24,642 Transfer events add up to 1.00B MOONLET, equal to totalSupply() at block 78,175,226. All 200 checked balances match balanceOf(). 694 addresses hold a balance, and 691 of them are not venues, protocol contracts or burn addresses. [F-01]
• 69.60% of the supply is held by 691 wallets and unidentified contracts, and 30.40% sits in venues, protocol contracts and burn addresses. The Uniswap v4 PoolManager holds 22.13% and the Pons launch locker holds 8.16%. The ten largest addresses hold 44.65% of the supply. Excluding venues and protocol contracts, the ten largest remaining holders hold 16.88%, and the largest single one holds 2.61%. [F-02, F-03]
• The creator exempted 3 addresses from the launch snipe tax, and together they hold 658.67K MOONLET (0.07% of supply). The launch graduated at block 77,869,409 to a Uniswap v4 pool. That pool charges a hook fee plus the 1.00% creator tax on every swap. [F-04, F-05]
• 84.31% of the balance held by non-excluded addresses traces to purchases on the indexed venues. The cost of the rest is unknown, not zero. Of 636 holder wallets with a position, 136 are in profit, 341 are underwater, 7 are at breakeven and 152 cannot be classified. By token balance, 46.55% is in profit, 37.30% is underwater, 0.46% is at breakeven and 15.69% is unknown. [F-06, F-07]
• 9 read-only sales were simulated at block 78,175,226 for the 3 largest non-excluded holders, and all 9 executed. In the largest full exit, the wallet would receive 27.8916K ORBIO for a position worth 32.0043K ORBIO at the reference price. That is 12.85% less, with a price impact of 11.07%. [F-09]
• None of the 12 largest holders appear in the 3 other Pons tokens indexed on this instance. The report indexed 5 log streams from launch block 77,853,063 to block 78,175,226. [F-10, F-11]

Limits

• The simulations describe one block and one route, using a simulated approval. A sale that executes here can fail later. An executed simulation is not a statement that the token is safe. [F-09]
• Address counts are not owner counts. Several addresses can belong to one owner, and one address can pool many owners. [F-03]
• 9 swap transactions could not be attributed to a wallet, and this remains an open question. Transfers between wallets of the same owner show as unknown basis. [F-08, F-06]
• The snapshot block was not yet final on Ethereum when pinned. A reorganisation would invalidate the report. [F-11]

Written by claude-opus-5-5 on 2026-10-02 11:56:14 UTC from this report's findings. The figures above come from the report; the wording is the model's.