Bubblemaps analysis has revealed that 70% of the $BULLISH token supply is concentrated in new wallets, raising concerns of potential manipulation. These wallets, primarily funded through Binance, were observed to have deposited SOL into new addresses between September 13th and 24th, and subsequently purchased BULLISH within 30 minutes of its launch on October 2nd. The token's fully diluted valuation (FDV) has now reached $40 million. The findings have been submitted to Intel Desk for community voting to address these concerns.