Shiba Inu Whales Control 26% of Total Supply of Token: Here's How It Might Be Bullish

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Shiba Inu Whales Control 26% of Total Supply of Token: Here's How It Might Be Bullish
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ICYMI: $SHIB whales that control 26% of the supply are facing $100 million worth of profit ShibaInu SHIB

7.5% at its daily peak. While retail traders are buying into the asset, the whales that control 26% of the supply are facing $100 million worth of profit.According to data from WhaleStats, whales currently control 26% of the total supply. Exchange-related addresses and companies are not being counted by the tracker, which allows for determining the true percentage of large owners on-chain.

Unfortunately for them, SHIB has failed to deliver any type of rebound on the market, leaving the majority of investors with a 40-60% loss.

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