Shiba Inu Millionaire Numbers Fall Below 1,000 After Market Crash, How Much Do They Control?
quantity Shibay U Millionaire As the recent market crash has hindered the profits of holders, it continues to decline. It is worth noting that the data on the chain shows that the total number of Shiba International Guild millionaires is less than 1,000. However, they still control a large portion of the meme coins supply.
Shibmilliones drop below 1,000
follow A wider market crash This greatly affects the meme coins chib and Dogenew reports show that the number of Shia millionaires has declined between $100,000 and $10 million. Blockchain analysis company Intotheblock owns Report The number of addresses holding $10,000 to $10 million worth of wipes has dropped to 2,470. These Token holders full of goods Co-controlled over $3.5 billion in shock.
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ITB’s data has broken down, and wallets holding more than $100,000 to $1 million plunged to 1,059 addresses. For wet-skin wallets worth $1 million to $10 million, ITB stressed that there are only 880.25 addresses. This means that the total balance of all addresses with wet gross of more than $1 million is $2.8 billion.
Earlier this week, there were 75 Shib tokens with accurate addresses or more than $10 million, and the United Network exceeded $13 billion. However, at the time of writing, its network is $11.69 billion. And this amazing number of addresses Shib Token These investors (often called whales) can appear small and affect the market when they take major actions.
In addition, the number of addresses selected Controlling a large amount of Shiba Inu supplies. While it isn’t even close to half of the total supply of meme coins, it’s still a considerable hiding place that could affect its Market trends.
Recent decline Shibay U Millionaire Reflected in the ITB’s past data. Just two weeks ago, 93 addresses had 19 more than the current number, worth more than $10 million. In addition, compared to the current 880.25 bills with the same address, 905 wallets range from $1 million to $10 million.
A significant decrease in the number of Shia millionaires with high value and medium price radiator holdings suggests that the market has changed and holders may sell their shares and exit positions. The decline is also attributed to recent Shiba INU price crashes and continuous fluctuations.
Shiba INU price attempts to recover
At press time, the Shiba Inu was priced at $0.0000165. Despite the decline in major markets, their prices have fallen by more than 20%, Shiba Inu is still elasticattempt to break through the bearish trend to start recovery.
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Shiba Inu has grown more than 9.8% over the past week, reflecting half of its losses last month. According to CoinMarketCap, the meme coin is still in green, recording a 1% increase. However, Shib’s transaction volume Staying relatively low marks a 41% drop.
Featured images from Adobe Stock, charts from TradingView.com
