There are DRAMATIC Differences Between Whale Centralization of Large Cap Cryptocurrencies

🐳 Here are the percentages of supply held by various large cap assets' top 10 whales. USD Coin has just 27% of its supply held by its top 10 wallets, and Chainlink's is relatively low at 32%.

Shiba Inu notably has the most centralized, with 62% of its supply held by its 10 largest wallets. As a retail trader, it's generally safer to hold coins with less supply held by the most elite whales. There is less risk of sudden dumps or price manipulation should an asset's largest whales decide to exit their positions.