đ¨565 Trillions #SHIB Token. đ¨
Five whale addresses now control an astounding 57% of the entire supply, or 565 trillion SHIB tokens, which is an interesting development in the on-chain dynamics of Shiba Inu. Considering such a large concentration of funds in the hands of a small fraction of investors is raising questions ahead of potential market volatility. đś
A separation between high-activity and low-activity addresses is quite obvious in the SHIB distribution with one high-activity wallet holding 41.7% of the total supply. Understanding possible short term price movements depends on the activity of these wallets, even though such centralization may increase the risk of market volatility. $SHIB