The Number of Addresses Holding SHIB for More Than a Year Has Surged 1900% Since Late January

The number of holders or addresses holding SHIB for more than a year has surged 1,900 percent since late January to 3,750, according to data tracked by blockchain analytics firm IntoTheBlock. The number of “traders” holdings for less than a month fell 38% to 49,790.

During the same period, the balance held by long-term investors increased by 127% to 27.93 trillion SHIB. In the past 30 days alone, that number has increased by 57%.

Since January this year, the number of addresses held for 1 to 12 months has fallen by 2%, while the number of SHIB held by traders has increased by 40% to 32 trillion.