Validators drive BONE holders to 93K as big wallets accumulate
BONE holders passed 93,000. Large wallets added 4.2% in April and now hold nearly 60% of supply.
Shibarium’s team reported 5,653 new BONE wallets in seven days. That’s an 87% jump versus the prior week. The team ties it to validator re-delegations, not retail inflows. Etherscan showed 93,010 addresses at the time. Source: Shibizens X post.
BONE is the gas token for Shiba Inu’s Layer-2 Shibarium. The team also observed tokens moving off exchanges into non-custodial wallets and higher on-chain activity. Source: Shibizens X post.
Key data:
- Large holders increased positions by 4.2% in April and control almost 60% of supply. Average holding period is ~412 days. Source: Shibizens X post
- 24h volume rose 51.77% to $1.7M. Price traded near $0.05766, down 2.5% on the day. Source: CoinGecko
- Year-to-date price is down 28%. One-month change is over -10%. Current price is 99.86% below the $41.67 ATH from September 2021. Source: CoinGecko
The weekly holder surge stems mainly from network validator moves, per the team. Not a retail wave. Source: Shibizens X post.
