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SHIB, also known as Shiba Inu Token, is one of the most popular cryptocurrencies on the market today. It has become a popular choice among cryptocurrency investors and retail investors with its unique on-chain metrics.
According to statistics from IntoTheBlock (ITB), the SHI currently in circulation
63.48% of SHIB B is held by the largest investors in the market, with 41% of the total circulation held by the largest wallets. This impressive percentage shows the importance of SHIB whale investors in the cryptocurrency market.
63.48% of SHIB in circulation is currently held by the largest investors in the market. The largest wallet holds 41% of the total circulation. Shiba Inu exhibits unique on-chain metrics in terms of holdings of its tokens between retail and whale investors.
According to statistics from cryptocurrency analysis website IntoTheBlock (ITB), the largest investors in the market hold 63.48% of the SHIB in circulation. Among the 12 largest whale holders, one address is particularly eye-catching because it holds as much as 41.78% of SHIB, or 410.36 trillion.
When retail holders and investors suddenly sell off in large quantities, SHIB whale holders play a vital role in keeping its value stable. According to ITB statistics, active investors hold 14.2% of SHIB, or 139.5 trillion. And 22.31%, or 219.16 trillion SHIB, is held by retail investors.
Among the 12 largest whale holders, one address is particularly eye-catching because it holds 41.78% of SHIB, or 410.36 trillion. The existence of this giant whale shows the stability of SHIB during market fluctuations, because whale investors play a vital role in stabilizing the market when retail investors and large traders suddenly sell off.
In addition to the largest wallets, the distribution of SHIB also seems to be very dispersed. According to ITB statistics, active investors hold 14.2% of SHIB, or 139.5 trillion. In addition, retail investors hold 22.31%, or 219.16 trillion SHIB. This dispersion makes SHIB more resistant to risks in the market, especially when facing large fluctuations.
It is worth noting that among SHIB investors, only whale investors have experienced an increase in concentration over the past 30 days. According to ITB data, total accumulation increased by 1.59% during this period. In contrast, retail accumulation decreased by 1.09%, and investor investment decreased significantly by 4.98%. This trend shows that whale investors play an increasingly important role in SHIB's market, and they play a key role in stabilizing the market.
Over the past weekend, we saw a massive influx of SHIB tokens into large holder wallets, with the rate increasing by a staggering 2,300%. Since then, the total amount of SHIB tokens has exceeded 4.52 trillion. This phenomenon further confirms the influence of SHIB whale investors in the market, who play a vital role in supporting the value of SHIB and stabilizing the market.
SHIB whale investors have become a mysterious stabilizing force in the market, and they play an indispensable role in stabilizing the cryptocurrency market. Their presence helps prevent SHIB from being affected by large fluctuations, thereby protecting the interests of retail investors and the entire market.
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