Shiba Inu: Whale Concerns? Top 10 Wallets Hold 61% of SHIB Supply - But Here's the Real Story
Posted: Fri Feb 07, 2025 6:22 am
Shiba Inu whale wallets: cause for concern or much ado about nothing? Santiment flagged the top 10 SHIB wallets holding 61% of the supply, raising red flags about potential market manipulation. But are we overlooking a crucial detail? Deeper analysis reveals these whales are primarily exchanges and the burn wallet. Does this shift the narrative from centralized risk to a more distributed reality? What are the implications for SHIB’s price volatility given this information? Is Santiment’s concern warranted, or is this a bullish sign of institutional adoption? Let’s discuss the true power dynamics at play and the potential future impact on SHIB. I predict this revelation will spark a reevaluation of SHIB, potentially leading to a surge in positive sentiment. What do you think?