The ratio of Shiba Inu (CRYPTO: SHIB) supply held by long-term holders has reportedly surpassed that of Bitcoin (CRYPTO: BTC) and Ethereum (CRYPTO: ETH).
What happened: As of this writing, 76% of SHIB holders have held their tokens for over a year, according to IntoTheBlock, while 22% have held on for more than a month but less than a year. Just about 2% of the investors have held SHIB for less than a month.
In comparison, about 74% of Bitcoin and Ethereum investors have HODLed for over a year.
Notably, both BTC and ETH have significantly larger market capitalizations …Full story available on Benzinga.com
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