{
  "object": "jepeta_high_intent_answer",
  "schemaVersion": "1.0.0",
  "language": "en",
  "category": "risk_signal",
  "question": "How do I check holder concentration risk for a Base token?",
  "intent": "Assess concentration in the observed top holders",
  "directAnswer": "Review the share held by the largest observed holders, but do not treat wallet counts as beneficial ownership. High concentration can amplify dump, governance, or control risk; low concentration does not prove decentralization because contracts, exchanges, custodians, and related wallets can distort the picture.",
  "canonicalUrl": "https://jepeta.dev/guides/how-to-check-holder-concentration-base-token/",
  "jsonUrl": "https://jepeta.dev/guides/how-to-check-holder-concentration-base-token/index.json",
  "sections": [
    {
      "heading": "What concentration can reveal",
      "paragraphs": [
        "If a small observed set controls a large percentage of supply, one or a few actors may have outsized ability to move the market or influence token distribution. This matters especially when liquidity is thin.",
        "The raw percentage is only a screening signal. A burn address, liquidity pool, exchange wallet, vesting contract, or multiple related wallets can make a naive ranking misleading."
      ]
    },
    {
      "heading": "Jepeta scope",
      "paragraphs": [
        "Jepeta exposes an observed top-10 concentration percentage and the number of holder records used. Its methodology labels this as an observed sample, not a full beneficial-ownership audit.",
        "The evidence page preserves that wording and timestamp so search engines, AI systems, and humans can see both the metric and its limitation rather than quoting a percentage without context."
      ]
    },
    {
      "heading": "Combine concentration with market depth",
      "paragraphs": [
        "Concentration becomes more actionable when read alongside exact matching Base liquidity. A concentrated token with shallow liquidity presents a different exit-risk profile from one with deeper markets.",
        "Also review mintability and taxes. Supply authority plus concentrated ownership can be more important than either signal in isolation."
      ]
    }
  ],
  "checklist": [
    "Read percentage and sample count",
    "Identify obvious pools/burn/custody wallets",
    "Compare concentration with liquidity",
    "Check mintability and taxes",
    "Avoid calling the metric beneficial ownership"
  ],
  "sources": [
    {
      "label": "Jepeta methodology",
      "url": "https://jepeta.dev/methodology.json"
    },
    {
      "label": "Jepeta public evidence catalog",
      "url": "https://jepeta.dev/risk/base/"
    }
  ],
  "evidenceExample": {
    "tokenAddress": "0xacfe6019ed1a7dc6f7b508c02d1b04ec88cc21bf",
    "canonicalUrl": "https://jepeta.dev/risk/base/0xacfe6019ed1a7dc6f7b508c02d1b04ec88cc21bf/",
    "lastCheckedAt": "2026-09-24T16:00:17.991+00:00",
    "decision": "WARN",
    "riskScore": 45
  },
  "related": [
    {
      "question": "How do I check if a Base token is a honeypot?",
      "url": "https://jepeta.dev/guides/how-to-check-base-token-honeypot/"
    },
    {
      "question": "How do I check whether Base token liquidity is locked?",
      "url": "https://jepeta.dev/guides/how-to-check-liquidity-lock-base-token/"
    },
    {
      "question": "How do I check liquidity risk for a Base token?",
      "url": "https://jepeta.dev/guides/how-to-check-liquidity-risk-base-token/"
    }
  ],
  "methodologyUrl": "https://jepeta.dev/methodology.json",
  "freshScanUrl": "https://jepeta.dev/#scanner",
  "limitations": [
    "Educational risk-screening content, not investment advice.",
    "A token-risk snapshot is timestamped and can become stale.",
    "PASS is not a safety guarantee."
  ]
}