Shiba Inu Holds $3B Support as 798 Whales Control 94.6% of Supply
- —SHIB market cap holds at $3.05 billion, price near $0.00000516
- —Investors pulled 51 billion SHIB from exchanges in 24 hours
- —798 wallets control 94.6% of supply, including 310 dollar millionaires
- —Key level is the 23-week SMA; support sits at $0.00000500
Why it matters: With 94.6% of tokens in 798 wallets, SHIB's next move depends on a narrow group of large holders.
Source: U.Today