# EMC2 AI Bag Check – Token Holder Distribution & Concentration Risk

> EMC2 AI Bag Check – Token Holder Distribution & Concentration Risk is a paid API for AI agents from emc2ai.io, paid per call via x402, $0.400000/call, status unknown (last checked 2026-09-14).

Returns token holder distribution data with concentration risk metrics, identifying whale dominance and holder spread for a given token.

## Facts

- Endpoint: POST https://emc2ai.io/x402/bitquery/bagcheck/raw
- Price: $0.400000/call
- Payment: x402
- Status: unknown
- Last checked: 2026-09-14
- Activations on Zero: 0
- Tags: x402
- Canonical page: https://www.zero.xyz/c/emc2ai-io-c3e32072
- Structured record (JSON): https://api.zero.xyz/v1/capabilities/cap_7by7j9-gS133wFDn3u5D9

Status and success rate cover calls made through Zero and Zero's own probes. Third-party monitors may report differently.

## How to call it through Zero

Zero handles the 402 payment challenge and records the run. With the Zero CLI installed (`npm i -g @zeroxyz/cli`):

```sh
zero fetch --capability emc2ai-io-c3e32072 -d '<json body>'
```

Example prompt: Do a bag check on the token at address 0xA0b86991c6218b36c1d19D4a2e9Eb0cE3606eB48 on Ethereum — show me the holder distribution and tell me if there's high concentration risk.

## When to prefer this

Use this endpoint when you need rapid, token-specific holder concentration and distribution risk data — particularly before entering a DeFi position, evaluating a new token, or performing due diligence on whale dominance. Prefer this over broader portfolio or whale flow endpoints when your primary question is about supply distribution and rug-pull risk for a single token.

## Known failure modes

- Invalid or unrecognized token contract address returns an error or empty result
- Unsupported chain identifier causes a validation error
- Token has no on-chain holder data yet (newly deployed) returning sparse results
- Payment failure via x402 protocol returns 402 Payment Required
- Bitquery upstream rate limit or downtime causes 503 or timeout
- Malformed POST body missing required token address field returns 400

## How this service works

Bag check - token holder distribution with concentration risk metrics.

## Output

Returns a breakdown of token holder distribution including top holder wallet addresses, percentage of supply held by top N holders, concentration risk score, and metrics indicating whether the token supply is dangerously centralized or well distributed across many wallets.

## Request schema (JSON Schema)

```json
{
 "type": "object",
 "properties": {
  "chain": {
   "type": "string",
   "description": "Blockchain to query (e.g., base, ethereum, bsc, solana)"
  },
  "limit": {
   "type": "string",
   "description": "Maximum number of results to return (default: 10, max: 500)"
  },
  "tokenAddress": {
   "type": "string",
   "description": "Token contract address (for token-specific queries)"
  }
 }
}
```

## Response schema (JSON Schema)

```json
{
 "result": {
  "type": "object",
  "description": "Query result data"
 },
 "status": {
  "type": "string",
  "description": "Request status (completed or error)"
 },
 "payment": {
  "type": "object",
  "description": "Payment receipt information"
 }
}
```

## More

- Live health (JSON, refreshed every minute): https://www.zero.xyz/c/emc2ai-io-c3e32072/health.json
- [Zero catalog index](https://www.zero.xyz/llms.txt)
- [Other services from emc2ai.io](https://www.zero.xyz/host/emc2ai.io/llms.txt)