Shiba Inu Leads Whale Holdings, Surpasses ETH and PEPE ๐ฏ
๐ Shiba Inu (SHIB) now boasts the highest whale concentration among top cryptocurrencies, with 62% of its supply controlled by the top 10 wallets, outpacing Ethereum (49%) and PEPE (39%).
๐ Despite a 3% price drop in the last 24 hours, pushing its market cap below $7 billion, over 13.4 million SHIB tokens were burned in one day, boosting the burn rate by 4,000%.
๐ This whale dominance and deflationary move could signal future value shifts. Will SHIB rebound, or remain under whale influence?
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