The concentration of Shiba Inu tokens in the hands of a few large investors raises concerns about market stability and decentralization.
Impact of Major Holders
One major investor controls 41.7% of the SHIB supply, illustrating potential risks of increased market volatility due to centralized holdings.
Trends from On-Chain Data
Recent analyses indicate a 31% decrease in outflows from large holders, possibly reducing selling pressure, while a 53% increase in inflows suggests accumulation at lower prices.
SHIB is above its 200-day Exponential Moving Average, suggesting a possible shift in market sentiment.Analytical source
Challenges of Centralized Holdings
SHIB concentration in a few wallets poses stability challenges, as large transactions may cause significant price fluctuations.
The coming days require careful observation of wallet activity and key indicators to accurately assess market dynamics.
