🐋 Which Altcoins Are Dominated by Whales? Santiment Reveals All – Warning to Retail Traders! ⚠️💰

The debate around centralization in altcoins just heated up! 🔥

On-chain analytics platform Santiment has dropped some eye-opening data that every crypto investor needs to see.

📊 The Big Reveal: Who’s Holding the Bags?

Santiment analyzed the top 10 wallets for some of the biggest altcoins — and the numbers are wild:

🔹 SHIBA INU (SHIB) – 🐋 61.94% held by top 10 wallets

🔹 Uniswap (UNI) – 51.94%

🔹 Ethereum (ETH) – 49.16%

🔹 Pepe (PEPE) – 39.12%

🔹 Tether (USDT) – 38.08%

🔹 DAI (Multi-Collateral) – 33.45%

🔹 Chainlink (LINK) – 31.82%

🔹 USD Coin (USDC) – 27.41%

🧠 What Does This Mean for You?

Santiment sent a clear message: Be cautious.

The higher the whale dominance, the greater the risk of price manipulation or sudden crashes. Why? If just a few large holders decide to sell, it could tank the market for that token instantly. 💥📉

🚨 SHIB stands out as the most centralized – with over 60% of supply in just 10 wallets, making it highly vulnerable to big moves by whales. In contrast, tokens with more decentralized ownership are generally safer bets for retail traders. 🛡️

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📢 Bottom Line:

Always check the on-chain data. If whales hold most of the supply, you could be swimming in risky waters. 🐳💸

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