<ul><li>61% of the supply of Shiba Inu (SHIB) is controlled by the top ten wallets, raising concerns of market instability and price manipulation.</li><li>Similar distribution patterns can be found in Ethereum (ETH) and Chainlink (LINK) with 46% and 33% of their supplies held by the top ten wallets, respectively.</li><li>The market lost 2% of its total valuation, leading to stability concerns and increasing centralization in the market.</li><li>Shiba Inu (SHIB) recorded a decline of 3% in the last 24 hours, extending its weekly fall to 19%, while Ethereum (ETH) declined by 2% in the last 24 hours and 17% in the last seven days.</li></ul>

Shiba Inu Faces Whale Dump Concerns, Chainlink and Toncoin Stay Resilient

Discover more