Shiba Inu attracts the hands of diamonds more than Bitcoin, ethereum, but the high -whale concentration is something that loses sleep?

rate Sheba Eno Shib/USD According to what was reported, their holders maintain in the long term Bitcoin BTC/USD and ethereum Eth/USD.

What happened: From writing these lines, 76 % of SHIB holders keep their symbols for more than a year, According to To Intotheblock, while 22 % have withstood more than a month but less than a year. About 2 % of investors have kept a gray hair for less than a month.

In comparison, about 74 % of Bitcoin and Ethereum investors have been known for more than a year.

It is worth noting that both BTC and ETH have a much larger market property and were present for a period longer than SHIB, making it a great milestone for society.

See also: Trump supports the supporter of Bitcoin Sinatia Lomes for his re -election. She is working to make us the capital of encryption

Why do it matter: The increase in the offer that investors maintain in the long run indicates a lesser mile for sale and confidence in the future value of the original, According to To Coinglass.

In addition, since more currencies have become liquid and leave trading, this may lead to a scarcity, and the price may increase if it is accompanied by constant demand.

Another aspect must be observed, which is the profit of the network. With the prevailing price, only 40 % of SHIB holders were in profit, compared to 88 % for bitcoin and about 50 % for ethereum.

Perhaps unrealized profit to SHIB holders to resist the sale until the prices became favorable to them.

It should also be noted that more than 74 % of SHIB supplies are controlled by whales – with more than 1 % of the offer – up to 55 % of ETHEREUM and only 11 % for Bitcoin.

The high whale concentration indicated a decrease in decentralization and potential monopoly by a few powerful players.

PriceAt the time of writing this report, Shayb exchanged hands at 0.00001343 dollars, a decrease of 7.29 % in the past 24 hours, according to what it said. Data from Benzinga Pro. A year to date, the cryptocurrency decreased by 38 %.

Photo via Shutterstock

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