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Shiba Inu: 74% Held by Large Addresses, Transaction Volume Reaches $120.46M in 7 Days

  • Shiba Inu is controlled by whales, with 74% of the coin supply held by large addresses.
  • Over $120 million in large transactions in a week indicates ongoing interest from high-value buyers.
  • Whales' involvement in the market activity brings risk, as sudden sell-offs may lead to price drops.
  • Shiba Inu has a high concentration of large holders, making it an asset monitored by institutional investors.

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