Long-term SHIBA INU holders are increasing
According to the IntoTheBlock’s holders’ composition by time held, 19% of SHIB holders have held onto their tokens for more than a year, 77% have held within a year, while 3% have held onto their tokens for less than a month.
In late December 2021, SHIBA INU holders were largely short and mid-term holders, giving the percentage of each category as 14% and 86%, respectively. At that point, the percentage of long-term holders, or those that have held for more than a year, was zero.