It is said that the number of "hodlers," or addresses holding SHIB has increased by 1,900% to 3,750 since late January. This data was from the data tracked by blockchain analytics firm IntoTheBlock shows.
In turn, the number of "traders," or addresses holding for less than one month, has declined by 38% to 49,790.
This might be a good thing for SHIB coin as more HODLing investors will make the coin's value go up
