The cryptocurrency recorded a big rise in October, but more than 70 percent of its tokens are owned by just 10 investors known as 'whales.'
There have reportedly been concerns about Shiba Inu's majority holders over the past 24 hours—about 71 percent of its tokens are held by just 10 people—because one of them is moving a significant amount of money around.reported early on Thursday that one of these 10 holders, known in the cryptocurrency community as"whales" because of the size of their portfolios, moved 40 trillion tokens—roughly $2.3 billion of their holdings—out of one wallet and split it between four others.
David Gokhshtein, founder of cryptocurrency news portal Gokhshtein Media, tweeted:"Anyone bought the dip on $SHIB?"Anyone bought the dip on
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