Shiba Inu

The post <a href="https://cryptosnewss.com/whale-alert-302-trillion-shiba-inu-shib-tokens-now-controlled-by-mega-investors/" rel="noopener noreferrer nofollow">Whale Alert: 302 Trillion Shiba Inu (SHIB) tokens Now Controlled by Mega Investors: Are You Missing Out?</a> appeared first on <a href="https://cryptosnewss.com/" rel="noopener noreferrer nofollow">Cryptos Newss</a>.The <a href="https://www.google.com/url?sa&#61;t&amp;source&#61;web&amp;rct&#61;j&amp;opi&#61;89978449&amp;url&#61;https://cryptosnewss.com/shiba-inus-potential-price-surge-in-october-2024/&amp;ved&#61;2ahUKEwjt9ILJp_GIAxWwUWcHHaCvInoQFnoECAkQAQ&amp;usg&#61;AOvVaw2lb257WsMSOOLezCj7tVBm" rel="noopener noreferrer nofollow">Shiba Inu</a> (SHIB) cryptocurrency has seen a notable concentration of its tokens among large holders, specifically those holding addresses between 100 billion and 10 trillion SHIB. According to recent data, these large holders control a substantial portion of the total SHIB supply, amounting to 302 trillion tokens. This consolidation among major holders indicates a growing influence of whale investors in the SHIB ecosystem.The data reveals that there are approximately 668,000 addresses within this range, highlighting the increasing concentration of SHIB among big-scale investors. This trend suggests that fewer addresses are accumulating larger amounts of SHIB, which could have significant implications for the market dynamics of the token. The concentration of holdings is further broken down, with addresses holding between 100 billion and 1 trillion SHIB accumulating 173 trillion tokens, showing a slight increase over the past month—meanwhile, addresses in the 1 trillion to 10 trillion SHIB category control over 129.51 trillion tokens.Interestingly, while the total amount of tokens held by large-scale investors is increasing, the number of addresses in this category has shown occasional volatility. For instance, the number of addresses owning 100 billion to 1 trillion SHIB has slightly decreased by 1.89%, indicating a consolidation among top-tier investors. This implies that fewer addresses are holding larger amounts of SHIB, which could lead to more significant market movements driven by these large holders.The article also notes changes in other address categories within the SHIB ecosystem. Addresses holding between 10 billion and 100 billion SHIB have seen a slight decrease, while those with 1 billion to 10 billion SHIB have experienced a small increase. These movements suggest that the biggest accumulations remain with wealthier investors, while mid-sized holders are only somewhat changing.Overall, the concentration of SHIB among large holders reflects a general optimistic attitude towards the project, driven by recent developments such as changes to the Shibarium ecosystem and ongoing token-burning initiatives. This growing influence of whale investors could play a crucial role in shaping the future of Shiba Inu.The post <a href="https://cryptosnewss.com/whale-alert-302-trillion-shiba-inu-shib-tokens-now-controlled-by-mega-investors/" rel="noopener noreferrer nofollow">Whale Alert: 302 Trillion Shiba Inu (SHIB) tokens Now Controlled by Mega Investors: Are You Missing Out?</a> appeared first on <a href="https://cryptosnewss.com/" rel="noopener noreferrer nofollow">Cryptos Newss</a>.

Whale Alert: 302 Trillion Shiba Inu (SHIB) tokens Now Controlled by Mega Investors: Are You Missing Out?

Cryptos Newss

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