RIVER hits $87.73 ATH on January 26, 2026 amid 88% Base wallet concentration

On January 26, 2026, RIVER climbed to a new all-time high of $87.73 before slipping below $80 hours later. According to Bubblemaps, more than 88% of the Base supply sits in one address, while on BNB Chain the top holder controls over 69.3%, stoking crash fears. Open interest topped $214M with over 64% shorts, triggering a recent short squeeze.