Million

Shiba Inu

Billion

Rise

Trillion

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 <p>In mid-July, Shiba Inu initiated a downtrend that lasted for nearly a week. From a high of $0.00000853, the asset’s price dropped by 11%. Upon reaching $0.00000756, SHIB started consolidating within a narrow range. Over the past few days, it has been attempting to collect liquidity.</p> 
 <p>Without enough momentum in the market, the price continues to remain stagnated. Post registering a 0.5% rise over the past day, SHIB was seen exchanging hands at $0.00000788 at press time.</p> 
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  <img decoding="async" width="1024" height="413" src="data:image/gif;base64,R0lGODlhAQABAAAAACH5BAEKAAEALAAAAAABAAEAAAICTAEAOw==" alt="Shiba Inu investors holding up to 100 million SHIB tokens have risen in the 2.6% to 4.6% bracket, as whale activity rises." class="wp-image-104066 ewww_webp" sizes="(max-width: 1024px) 100vw, 1024px" data-src-img="https://cdn.thebittimes.com/images/2023/07/29/9b80ebd16d8bf1d58bd3d5cc6ebec6bb.webp" data-src-webp="https://cdn.thebittimes.com/images/2023/07/29/9b80ebd16d8bf1d58bd3d5cc6ebec6bb.webp.webp" data-srcset-webp="https://cdn.thebittimes.com/images/2023/07/29/9b80ebd16d8bf1d58bd3d5cc6ebec6bb.webp.webp 1024w, https://cdn.thebittimes.com/images/2023/07/29/9b80ebd16d8bf1d58bd3d5cc6ebec6bb.webp.webp 300w, https://cdn.thebittimes.com/images/2023/07/29/9b80ebd16d8bf1d58bd3d5cc6ebec6bb.webp.webp 768w, https://cdn.thebittimes.com/images/2023/07/29/9b80ebd16d8bf1d58bd3d5cc6ebec6bb.webp.webp 380w, https://cdn.thebittimes.com/images/2023/07/29/9b80ebd16d8bf1d58bd3d5cc6ebec6bb.webp.webp 550w, https://cdn.thebittimes.com/images/2023/07/29/9b80ebd16d8bf1d58bd3d5cc6ebec6bb.webp 800w, https://cdn.thebittimes.com/images/2023/07/29/9b80ebd16d8bf1d58bd3d5cc6ebec6bb.webp 1160w, https://cdn.thebittimes.com/images/2023/07/29/9b80ebd16d8bf1d58bd3d5cc6ebec6bb.webp.webp 1515w" data-srcset-img="https://cdn.thebittimes.com/images/2023/07/29/9b80ebd16d8bf1d58bd3d5cc6ebec6bb.webp 1024w, https://cdn.thebittimes.com/images/2023/07/29/9b80ebd16d8bf1d58bd3d5cc6ebec6bb.webp 300w, https://cdn.thebittimes.com/images/2023/07/29/9b80ebd16d8bf1d58bd3d5cc6ebec6bb.webp 768w, https://cdn.thebittimes.com/images/2023/07/29/9b80ebd16d8bf1d58bd3d5cc6ebec6bb.webp 380w, https://cdn.thebittimes.com/images/2023/07/29/9b80ebd16d8bf1d58bd3d5cc6ebec6bb.webp 550w, https://cdn.thebittimes.com/images/2023/07/29/9b80ebd16d8bf1d58bd3d5cc6ebec6bb.webp 800w, https://cdn.thebittimes.com/images/2023/07/29/9b80ebd16d8bf1d58bd3d5cc6ebec6bb.webp 1160w, https://cdn.thebittimes.com/images/2023/07/29/9b80ebd16d8bf1d58bd3d5cc6ebec6bb.webp 1515w" data-eio="j"> 
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   <img decoding="async" width="1024" height="413" src="https://cdn.thebittimes.com/images/2023/07/29/9b80ebd16d8bf1d58bd3d5cc6ebec6bb.webp" alt="Shiba Inu investors holding up to 100 million SHIB tokens have risen in the 2.6% to 4.6% bracket, as whale activity rises." class="wp-image-104066" srcset="https://cdn.thebittimes.com/images/2023/07/29/9b80ebd16d8bf1d58bd3d5cc6ebec6bb.webp 1024w, https://cdn.thebittimes.com/images/2023/07/29/9b80ebd16d8bf1d58bd3d5cc6ebec6bb.webp 300w, https://cdn.thebittimes.com/images/2023/07/29/9b80ebd16d8bf1d58bd3d5cc6ebec6bb.webp 768w, https://cdn.thebittimes.com/images/2023/07/29/9b80ebd16d8bf1d58bd3d5cc6ebec6bb.webp 380w, https://cdn.thebittimes.com/images/2023/07/29/9b80ebd16d8bf1d58bd3d5cc6ebec6bb.webp 550w, https://cdn.thebittimes.com/images/2023/07/29/9b80ebd16d8bf1d58bd3d5cc6ebec6bb.webp 800w, https://cdn.thebittimes.com/images/2023/07/29/9b80ebd16d8bf1d58bd3d5cc6ebec6bb.webp 1160w, https://cdn.thebittimes.com/images/2023/07/29/9b80ebd16d8bf1d58bd3d5cc6ebec6bb.webp 1515w" sizes="(max-width: 1024px) 100vw, 1024px"> 
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  <figcaption class="wp-element-caption">
    SHIB/USDT by TradingView 
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 </figure> 
 <p><strong>Also Read:&nbsp;Shiba Inu Adoption Rate Climbs to 58%, Highest Since 2020</strong></p> 
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 <h3 class="wp-block-heading" id="h-shib-addresses-with-holdings-rise">SHIB Addresses with Holdings Rise</h3> 
 <p>Along with the short-term woes, Shiba Inu’s performance on the longer timeframes has also been lukewarm. Over the past month, the asset has appreciated by merely 4%. However, this lackluster performance has not stopped Shiba Inu investors from joining the network. Except for one category, most other address clusters have registered an uptick. </p> 
 <p>Shiba Inu investors holding up to 100 million SHIB tokens have risen in the 2.6% to 4.6% bracket. Likewise, addresses possessing 100 million to 100 billion SHIB have increased by 0.2% to 1.4%. The largest rise was registered by 100 billion to 1 trillion clusters. They have jumped by 8.8% over the past month. At press time, a total of 507 addresses belonged to this category. </p> 
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 <p>Whales holding 10 trillion to 100 trillion SHIB have reduced in number by 21.4%. At press time, there were 11 addresses belonging to this category recognized by IntoTheBlock. Alongside, there was just 1 address that possessed more than 100 trillion SHIB, leaving this category unchanged. </p> 
 <div class="wp-block-image"> 
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   <img decoding="async" loading="lazy" width="420" height="455" src="data:image/gif;base64,R0lGODlhAQABAAAAACH5BAEKAAEALAAAAAABAAEAAAICTAEAOw==" alt="" class="wp-image-104063 ewww_webp" sizes="(max-width: 420px) 100vw, 420px" data-src-img="https://cdn.thebittimes.com/images/2023/07/29/4adee8eaf2abadc61cf236dac2af9e9b.webp" data-src-webp="https://cdn.thebittimes.com/images/2023/07/29/4adee8eaf2abadc61cf236dac2af9e9b.webp.webp" data-srcset-webp="https://cdn.thebittimes.com/images/2023/07/29/4adee8eaf2abadc61cf236dac2af9e9b.webp.webp 420w, https://cdn.thebittimes.com/images/2023/07/29/4adee8eaf2abadc61cf236dac2af9e9b.webp.webp 277w, https://cdn.thebittimes.com/images/2023/07/29/4adee8eaf2abadc61cf236dac2af9e9b.webp.webp 380w" data-srcset-img="https://cdn.thebittimes.com/images/2023/07/29/4adee8eaf2abadc61cf236dac2af9e9b.webp 420w, https://cdn.thebittimes.com/images/2023/07/29/4adee8eaf2abadc61cf236dac2af9e9b.webp 277w, https://cdn.thebittimes.com/images/2023/07/29/4adee8eaf2abadc61cf236dac2af9e9b.webp 380w" data-eio="j"> 
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    <img decoding="async" loading="lazy" width="420" height="455" src="https://cdn.thebittimes.com/images/2023/07/29/4adee8eaf2abadc61cf236dac2af9e9b.webp" alt="" class="wp-image-104063" srcset="https://cdn.thebittimes.com/images/2023/07/29/4adee8eaf2abadc61cf236dac2af9e9b.webp 420w, https://cdn.thebittimes.com/images/2023/07/29/4adee8eaf2abadc61cf236dac2af9e9b.webp 277w, https://cdn.thebittimes.com/images/2023/07/29/4adee8eaf2abadc61cf236dac2af9e9b.webp 380w" sizes="(max-width: 420px) 100vw, 420px"> 
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     Source: ITB 
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 <p>Even though most clusters have seen more addresses added, it should be noted participants have not been indulging in a lot of SHIB buy-side transactions. In the last 30 days, large holders’ [addresses possessing at least 0.1% of the SHIB circulating supply] net flow has dropped by 130%. </p> 
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  <img decoding="async" loading="lazy" width="871" height="369" src="data:image/gif;base64,R0lGODlhAQABAAAAACH5BAEKAAEALAAAAAABAAEAAAICTAEAOw==" alt="" class="wp-image-104079 ewww_webp" sizes="(max-width: 871px) 100vw, 871px" data-src-img="https://cdn.thebittimes.com/images/2023/07/29/77675685539405ba0b4aa5144ff03c81.webp" data-src-webp="https://cdn.thebittimes.com/images/2023/07/29/77675685539405ba0b4aa5144ff03c81.webp.webp" data-srcset-webp="https://cdn.thebittimes.com/images/2023/07/29/77675685539405ba0b4aa5144ff03c81.webp.webp 871w, https://cdn.thebittimes.com/images/2023/07/29/77675685539405ba0b4aa5144ff03c81.webp.webp 300w, https://cdn.thebittimes.com/images/2023/07/29/77675685539405ba0b4aa5144ff03c81.webp.webp 768w, https://cdn.thebittimes.com/images/2023/07/29/77675685539405ba0b4aa5144ff03c81.webp.webp 380w, https://cdn.thebittimes.com/images/2023/07/29/77675685539405ba0b4aa5144ff03c81.webp.webp 550w, https://cdn.thebittimes.com/images/2023/07/29/77675685539405ba0b4aa5144ff03c81.webp.webp 800w" data-srcset-img="https://cdn.thebittimes.com/images/2023/07/29/77675685539405ba0b4aa5144ff03c81.webp 871w, https://cdn.thebittimes.com/images/2023/07/29/77675685539405ba0b4aa5144ff03c81.webp 300w, https://cdn.thebittimes.com/images/2023/07/29/77675685539405ba0b4aa5144ff03c81.webp 768w, https://cdn.thebittimes.com/images/2023/07/29/77675685539405ba0b4aa5144ff03c81.webp 380w, https://cdn.thebittimes.com/images/2023/07/29/77675685539405ba0b4aa5144ff03c81.webp 550w, https://cdn.thebittimes.com/images/2023/07/29/77675685539405ba0b4aa5144ff03c81.webp 800w" data-eio="j"> 
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   <img decoding="async" loading="lazy" width="871" height="369" src="https://cdn.thebittimes.com/images/2023/07/29/77675685539405ba0b4aa5144ff03c81.webp" alt="" class="wp-image-104079" srcset="https://cdn.thebittimes.com/images/2023/07/29/77675685539405ba0b4aa5144ff03c81.webp 871w, https://cdn.thebittimes.com/images/2023/07/29/77675685539405ba0b4aa5144ff03c81.webp 300w, https://cdn.thebittimes.com/images/2023/07/29/77675685539405ba0b4aa5144ff03c81.webp 768w, https://cdn.thebittimes.com/images/2023/07/29/77675685539405ba0b4aa5144ff03c81.webp 380w, https://cdn.thebittimes.com/images/2023/07/29/77675685539405ba0b4aa5144ff03c81.webp 550w, https://cdn.thebittimes.com/images/2023/07/29/77675685539405ba0b4aa5144ff03c81.webp 800w" sizes="(max-width: 871px) 100vw, 871px"> 
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 </figure> 
 <p><strong>Also Read: How Many Shiba Inu Tokens You Need To Make $1 Million If SHIB Hits $0.001?</strong></p> 
 <p>Over the past week, this metric has been hovering around the neutral zone, justifying why SHIB continues to consolidate despite the address influx. </p> 
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<div class="cs-entry__tags"> 
 <ul> 
  <li>shib</li> 
  <li>shiba inu</li> 
  <li>WHALES</li> 
 </ul> 
</div>

Shiba Inu: Investors Holding 100 Billion to 1 Trillion SHIB Rise 9%

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