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New blockchain data reveals that large investors control 74% of Shiba Inu’s circulating supply, raising questions about market stability. Despite $120M in weekly transactions, SHIB’s price remains stagnant, highlighting the influence of whales. Analysts warn that concentrated holdings could lead to sudden price swings.
- 74% of SHIB's circulating supply is controlled by large holders, creating high market concentration.
- $120M in weekly whale transactions occurred despite minimal price movement in SHIB.
- Analysts warn concentrated holdings could lead to extreme volatility if whales liquidate positions.
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