Peyman as mentioned before in this thread all coins have wallets with huge amounts of coins and those are from exchanges etc and not a personal wallet.
Any coin will give you the same picture
I added my last two posts because I thought that news needed to be shown to the investors of this coin. As to whether or not it is an exchange is doubtful, most large single wallets that are from an exchange have multiple addresses, this one doesn't. https://verge-blockchain.info/richlist
Plus the large wallet that has a position of more than 15% of Verge (
https://verge-blockchain.info/address/DQkwDpRYUyNNnoEZDf5Cb3QVazh4FuPRs9), trades like a computer algorithm is making the trades (a.k.a. HFT or High-Frequency Trader).
Lastly, I'm holding my small position in Verge at least until they announce their new Wraith Protocol, after that, who knows.
Also, just to clarify for those who may not know, this is a clarifying tweet from McAfee about what he said about Verge - see here:
https://twitter.com/officialmcafee/status/946052577539579906