Because I played some WLFI, I happened to see that OK has a position ratio and pulled up a statistical chart. It's amazing. The top 100 holdings account for approximately 90%. What is the maximum proportion of individual investors' chips? The integer points are unlikely to be public offerings, as public offerings are made using ETH and it is also unlikely that the number of chips is basically the same. So ranking 1-31, based on the proportion of fundraising of 3 million US dollars (excluding non integer amounts), the highest proportion is 2.61% (the actual number of retail investors with this amount is estimated to be few, and there may be institutions involved) Then ranked between 32-64, with a fundraising amount of $1.35 million (integer, many identical ones removed), accounting for 1.09% Then for those ranked between 65-100, after removing the integer $1 million, the maximum proportion of retail investors is 1.7% The proportion outside of 100 is 10.23%. That is to say, WLFI's chips account for the top 90%, with retail investors only accounting for a maximum of 2.61+1.09+1.7=5.4% (including 2.61% above 3 million US dollars). The actual proportion of retail investors should be between 2.8-5.4%. That is to say, among the first 90 billion, retail investors only have a maximum of 2.8-5.4 billion. Adding 100+out of pocket chips, the maximum number of individual investors is 13-15.5 billion. The actual quantity should be between 130-140. @worldlibertyfi