🐶 Accumulation Amid Shiba Inu Price Downturn

However, this downturn is not unique to Shiba Inu, as the global financial market has also witnessed a bloodbath, with the global crypto market losing over $280 billion in valuation since March 26. $SHIB is just one of the multiple victims of this market-wide crash.

Nonetheless, despite the turbulence, most investors have seized the opportunity to accumulate more Shiba Inu tokens at lower prices.

Particularly, data from #IntoTheBlock indicates that while investors (holding between 0.1% and 1% of Shiba Inu supply) have reduced their holdings, whales (holding over 1% of SHIB’s supply) and retail (holding less than 0.1% of the supply) have been adding to their balances since March 26 when the Shiba Inu price downturn began.

Notably, on March 26, whales held a cumulative balance of 575.11 trillion #SHIB , representing 58.41% of SHIB’s total supply. Meanwhile, retail addresses had a balance of 253.36 trillion tokens, about 25.73% of the supply.

However, recent data suggests whales now hold 575.81 trillion SHIB, having added 700 billion tokens since March 26. Similarly, retail wallets now hold a balance of 254.84 trillion tokens, indicating that they have accumulated a whopping 1.48 trillion SHIB since the market turbulence began.

Buy and Trade $SHIB

#SECGuidance @WISE PUMPS