A leading analytics firm, hundreds of trillions shiba inu (SHIB) token is now secured by holders with a long-term investment horizon.
IntoTheBlock allows hodlers or SHIB It shows that the assets that have held his piles for more than a year are collectively worth 687,170,000,000 SHIB, worth over $7.20 billion.
According to the analysis firm, this group of investors meme coinIt controls about 70% of the circulating supply.
IntoTheBlock also shows that cruisers or market participants holding Shiba Inu treasures for a period of one to 12 months have 232,540,000,000 SHIB, valued at more than $2.43 billion. According to the intelligence firm, cruisers make up 23.65% of SHIB’s supply.
As for traders or organizations holding Shiba Inu for less than a month, IntoTheBlock reveals that they currently control 63,550 billion SHIB worth $666.63 million. According to the intelligence firm, traders also own 6.46% of the SHIB supply.
IntoTheBlock also reveals that only 28% of SHIB owners are making money at the current price of the Shiba Inu, while 68% are at a loss. About 4% of SHIB owners are only head-to-head.
At the time of this writing, SHIB is trading at $0.00001049, up slightly over the past 24 hours. The Shiba Inu is down over 87% from its all-time high of $0.00008616 when it struck in October 2021.
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