SHIB for Over 2 Years
In a notable discovery by The Crypto Basic, on-chain data shows six Shiba Inu addresses have collectively held 30 trillion SHIB tokens worth $663 million for two and a half years without selling a
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dime.
Despite the ongoing market correction that has pushed Shiba Inu to the $0.000022 support, investors have demonstrated resilience, holding onto their SHIB tokens. In addition, some whale and shark addresses have also continued to procure more tokens in anticipation of a rebound.
Amid persistent market trends, The Crypto Basic analysis from Arkham Intelligence has identified a notable pattern among top SHIB holders. Specifically, data shows that six Shiba Inu wallet addresses each possesses precisely 5 trillion tokens, valued at $110.70 million based on current exchange rates.
This discovery has piqued the curiosity of the community, leading market participants to speculate whether this occurrence is merely coincidental or if all the addresses are affiliated with a single entity, particularly an exchange. However, no on-chain data points to an affiliation with an exchange.
