SHIB a Favorite Holding Among New Crypto Wallets, Nansen Shows

Week-over-week, a steady 22% of SHIBโ€™s circulating supply is parked on crypto exchanges, with Binance, the worldโ€™s largest exchange, holding more SHIB than any other; Crypto.com is second-highest. Notably, Binanceโ€™s total SHIB deposits have dropped by 1.6 trillion tokens in seven days, while smaller exchanges such as OKX have seen their deposits increase.

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