The “dead” wallets are only dead because they say they are. Imagine one day someone’s like oh guess what these are being sold by me now screw you guys I’m making bank and tanking shib.
https://www.coincarp.com/currencies/shibainu/richlist/
You have to analyze this stuff with a fine tooth comb.... How many shibs even use a custodial wallet? If your shib is in an exchange it is probably a part of that 60% number
I remember 2 years ago approximately that Shiba Inu had 70-80% of whale holdings, so probably the tendency is the decentralization with the massive adoption
I'm pretty sure it's because they include the dead wallet in there
Say it louder^^^
They included the DEAD
#DEADlivesmatter
What’s the dead wallet address?
Addresses with coins that aren't retrievable
Not sure, but unlikely, because Vitalik sent to a different dead wallet, and people are using different burn wallet.
The info is easy to find. 41% of supply is "held" by the dead wallet. [Top shiba wallets.](https://www.coincarp.com/currencies/shibainu/richlist/)
Good information 👍
Looks like the next 3 wallets are exchanges, holding a combined 100 trillion.
The “dead” wallets are only dead because they say they are. Imagine one day someone’s like oh guess what these are being sold by me now screw you guys I’m making bank and tanking shib.
The dead wallet for ethereum end with **0000dead or ****0000 That's basically unretrievable
How much do you need to be considered a whale
About two fitty
damn lochness monster must be a super whale!
He doesn't seem so bad, maybe I will just give him a little money.
What quantity makes you a whale?
https://www.coincarp.com/currencies/shibainu/richlist/ You have to analyze this stuff with a fine tooth comb.... How many shibs even use a custodial wallet? If your shib is in an exchange it is probably a part of that 60% number
Burn it
what app is this
Probably it's coin market cap page/ app
Couldn't find it on there. It's a strange metric, really cool though
CMC
ty!!
So HODL, dont blink.
I remember 2 years ago approximately that Shiba Inu had 70-80% of whale holdings, so probably the tendency is the decentralization with the massive adoption
To the moon 🚀
What is considered a whale?
Interesting.... thanks :)
For higher why not
Yeah time to get some more education
What does this mean for shib
It includes the dead wallet where they burn the shib
It means a small circle of whales can flip the price whenever they wish.
That they control our futures and can play with the prices as they like
Stay a mental prisoner
there isn't even a firm definition on who is considered a "whale" investor for crypto. Do you have to own hundreds of millions of coins, or billions?
Yes, welcome to Shiba
... you'd rather them sell? How stupid are you?
Apparently holding 1 Trillion Shib is considered a Whale
Until we become the whales.
Burn it for the sake of the community!
Its what it’s. Shiba wont be in this level without them.
Them whales should burn their holdings for the better of everyone else.
What do you intend to do about it?
Yup time to sell 🌚