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Shiba Inu’s 10 Largest Whales Hold 61% Of Supply, A Worrying Fact? Bitcoinist 30 Ağu 2024

Shiba Inu’s 10 Largest Whales Hold 61% Of Supply, A Worrying Fact? 🐋

On-chain data suggests that Shiba Inu is one of the altcoins with a high concentration of wealth among its largest addresses. According to on-chain analytics firm Santiment, the top 10 largest Shiba Inu addresses hold a significant portion of the total supply.

This high concentration of supply raises concerns about the potential risks associated with wealth centralization in the network, as a small number of entities could have a large influence over the asset's price and stability.

In comparison, other altcoins like Polygon also show similar trends in wealth concentration within their top addresses.

Overall, the data highlights a critical issue for Shiba Inu and similar altcoins that could impact investor confidence and market dynamics.

Kaynak: bitcoinist.com ↗

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