26% Shiba Inu Token Owned by Whales

crypto

A large number of Shiba Inu tokens are protected by whales and all of these show better positives.

Shiba Inu is a popular meme coin after Dogecoin. However, this coin is not worthless in terms of transactions, but it still holds a position in the crypto industry as the flagship, in 14th place.

Analytical data from WhaleStats shows that whales currently have a total supply of 26% Shiba Inu coins. This data excludes the liquidity provider by the exchanges or other services. So this is much better data to know the exact whales of the Shiba Inu mint.

Source: WhaleStats

These 26% keepers of Shiba whales are real keepers as they have been holding this amount of Shiba for a very long time.

Earlier, about 6 months ago, many people claimed that such Shiba whales are just not there to stay because the Shiba Inu coin is a waste and won’t stay strong in the long run.

It is worth noting that when Shiba in token was corrected by 30% in October 2021, 30% of these whales started grabbing such huge amounts of Shiba Inu token. At that time, Whales collected about $300 million worth of Shiba Inu token within a few days.

At the time of writing this article, the price of the Shiba Inu token is $0.00002336 and this price is 4.71% high in the last 24 hours but 60% low in the last 90 days of the time frame. This shows that Shiba Inu is getting better buy support but not giving a better pump to give profits to such long term holders.

Also Read: A Very Large Amount of NFTs Waxing Traders: Chainalysis

This post 26% Shiba Inu Token owned by Whales was first published at https://bitcoinik.com/26-shiba-inu-token-in-hands-of-whales/

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