Shiba Inu (SHIB) whales have made a surprising move that resulted in a remarkable 400% turnaround.
Recent data has shown that Shiba Inu’s largest holders, the top 100 holders, to be precise, have made an astonishing 400% turnaround in their holdings. They’ve increased their stakes in SHIB by a significant margin, defying expectations.
The top 100 Shiba Inu holders now collectively own about 80% more SHIB tokens than they did a few weeks ago. This surge in holdings demonstrates a strong and renewed interest in Shiba Inu among its biggest supporters.
As a result of this surprising move, the market has responded with a positive outlook on Shiba Inu. The price of SHIB, at the time of this data, has experienced notable gains.
The community and retail investors are closely monitoring these developments, as they can potentially influence SHIB’s price trends in the coming weeks.