Shiba Inu Whale Holds Onto 5 Trillion Tokens for Over Four Years
The Shiba Inu community is celebrating a major milestone as a top-50 whale has been holding onto over 5 trillion SHIB tokens for more than four years without selling. According to data from Arkham, this whale received 5,000,000,058,418 SHIB on November 4, 2021, and has not made any outflows since then.
This long-term holding reduces immediate sell pressure and is being seen as a sign of investor conviction by the Shiba Inu community. The community believes that this could support SHIB adoption and positive token performance in the crypto market.