Compass Investments

The aftermath of Shiba Inus recent 40% surge continues to weigh on the market. The local frenzy has fizzled out, the price has pulled back, and fresh data from the Etherscan blockchain scanner has revealed the harsh truth: whales quietly exited the fray with profits, while retail traders were left holding losses during the crash.

What the on-chain data is showing right now:

SHIB has an impressive army of 1.67 million holders, but this merely creates the illusion of decentralization. A recent snapshot of the network shows that if we exclude the inactive burn address 0xdea…069which holds 41% of the totalthe group of whalesjust 0.04% of all addressescurrently controls 94.56% of the total trading volume.

SHIBs Gini coefficient stands at a critical level of 0.9957, where 1 signifies an absolute monopoly. The Crab and Shrimp categories make up 96% of all holders but control only a tiny fraction of a percent of the total capital.

All real liquidity is locked in the accounts of a few giants. Robinhoods share is 3.92% , Binance addresses collectively hold more than 4.4% , and Crypto.com holds about 3.33% .

This weeks Santiment report, which recorded 52 large transactions totaling $100,000 per day, was merely a symptom. The latest data from the scanner shows that SHIBs underlying structure turns every price spike into a conveyor belt for unloading large positions.

As soon as retail traders succumbed to FOMO and began pushing the price up, they immediately hit a wall of liquidity from exchange market makers and large holders. The whale once again used the influx of fresh capital as the perfect opportunity to cash out and vanished without a trace, leaving millions of small wallets to foot the bill for the failed rally.”,”detected_source_language”:”RU