Shiba Inu Sees $120 Million Weekly Surge—Whales Tighten Their Grip

Shiba Inu’s Market Stasis: Whales Hold 74% of Tokens

The Shiba Inu (SHIB) crypto market is in a state of stasis, with large investors, or “whales,” firmly in control. According to blockchain tracking site IntoTheBlock, around 74% of SHIB’s 95 billion circulating tokens are held in large addresses. This concentration of wealth is a double-edged sword, offering both stability and risk to smaller traders. On one hand, the substantial holding by large… Source

Shiba Inu Sees $120 Million Weekly Surge—Whales Tighten Their Grip

New blockchain information shows that large investors remain in control of the Shiba Inu crypto market, potentially creating both stability and risk for smaller traders. The meme coin has experienced regular trading activity throughout while exhibiting zero price actions over recent days. Major Holders Hodl Most Of SHIB Tokens According to blockchain tracking site IntoTheBlock, around 74% of Shiba Inu’s 95 billion circulating tokens are in whale…

Shiba Inu: 74% Held By Large Addresses, Transaction Volume Reaches $120.46M In 7 Days

Shiba Inu is essentially under the control of whales, as they control about 74% of the supply of the coin in circulation. Over $120 million in large transactions in a week is a good indication of ongoing interest in SHIB from high-value buyers. Whale involvement is beneficial in terms of market activity, but it also creates risk, as sudden sell-offs can lead to sharp and unwanted price drops. Shiba Inu (SHIB), one of the most renowned meme coi…