The most unexpected Shiba Inu whale with 55 billion in SHIB

Blockchain technology is unique! Where else can you track the holdings of big investors in real time, check their latest moves, portfolio values ​​and more?

We decided to dig into some of the biggest holders of one of the most popular meme coins on the market: Shiba Inu (SHIB) and came across an interesting find.

Shiba Inu Government Holding (SHIB)?

Data from popular crypto resource firm Arkham reveals that the US government is one of SHIB’s largest owners.

Apparently, the country has almost 55 billion SHIB tokens valued at about $740,000 at current prices.

It’s worth noting that the US government has not bought or invested in the meme currency, but instead confiscated the token as part of some of its law enforcement operations.

A more well-known fact is that they are also the largest holders of BTC, currently sitting on a stash of 203,239K BTC worth over $12 billion.

SHIB Unstable price

As reported by CryptoPotato today, SHIB’s price outlook remains quite uncertain. It’s down about 7% in the past week and over 20% on a weekly basis.

Additionally, worrisome signals such as declining percentage of money holders, net network growth, concentration and whale activity could spell trouble for SHIB’s price in the near term.

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