😱🦈🦈Shiba Inu Whales Bought 4.35 Trillion SHIB Since March

#ShibaInu sharks and whales addresses have accumulated over 4.35 trillion #SHIB since March, constantly increasing their balances.

This is according to on-chain data obtained by the crypto behavior analytics resource Centiment. February Dec, in particular, addresses with between 100,000 and 1 million SHIB and cumulative balances of those with at least 1 billion tokens have increased rapidly since the beginning of the previous uptrend in late February.

Recall that Shiba Inu began its meteoric rise after the meme money craze on February 26, when it saw its price rise to amazing heights. SHIB continued this rise until March 5 and regained the $ 0.000045, a 27-month high, with an impressive increase of 373%.

Shiba Inu Sharks Have Been Accumulating Since June 2023

June 2023 The ongoing accumulation pattern of Shiba Inu sharks holding between 100,000 and 1 million SHIB was already underway when this uptrend started, as this group of addresses started collecting tokens from June 2023, when the SHIB dropped significantly to $0.00000543, the lowest level of the cycle

These wallets came together to buy the Decadence and continued their purchases in the new year. Interestingly, the campaign gained momentum when SHIB registered a price increase in late February. As a result, these addresses have purchased 10.61 billion tokens since March 1 and currently hold a cumulative 115.31 billion SHIB.

#Memecoins #binance