IntoTheBlock: Almost 70% of Shiba Inu Owners Are In Profit

More than 20% of the holders of the "meme" token are currently holding unprofitable positions. At the end of November, altcoin fell in price by 30%, and in October rose by more than 1000% 69% …

More than 20% of the holders of the "meme" token are currently holding unprofitable positions. At the end of November, altcoin fell in price by 30%, and in October rose by more than 1000%

69% of owners of the Shiba Inu "meme" cryptocurrency hold profitable positions, despite the decrease in the altcoin price by more than 30% in November. This is indicated by the data of the analytical service IntoTheBlock. 21% of Shiba Inu holders are currently holding losing positions. In October, altcoin has risen in price by more than 1000%.

Photo: IntoTheBlock

Photo: IntoTheBlock

On November 30, Shiba Inu went up 25% in a day after the altcoin began trading on the Kraken crypto exchange. On the same day, an unknown person bought "meme" tokens for $ 1 million.

On November 25, the number of Shiba Inu holders exceeded 1 million for the first time. In November, several large transactions for the purchase of Shiba Inu tokens were also recorded. On November 7, an unknown large cryptocurrency holder bought 20 trillion tokens worth about $ 1.15 billion. On November 17, a crypto investor purchased a "meme" cryptocurrency for $ 8.3 million. On November 22, an unknown person bought Shiba Inu for $ 36.8 million.

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