Shiba Inu Whales Increase Their Average Holdings by 28%

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Shiba Inu Whales Increase Their Average Holdings by 28%
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ICYMI: the average $SHIB balance on whale wallets reaches 2.6 billion tokens, increasing by 28% SHIB ShibaInu

Increase in average token balance

The increase in balances on whale-tier addresses has been noticed after retraces amid the recovery rally that brought SHIB investors 28% profit in four days. But due to the sell-off on larger cryptocurrencies like Ethereum and Bitcoin, the Shiba Inu rally has concluded, resulting in a 13% drop in two days.During the recovery rally, whales have purchased more than $400 million worth of tokens, which is the reason behind the growth of the average token balance.

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