{"id":42068,"date":"2026-04-26T16:00:46","date_gmt":"2026-04-26T16:00:46","guid":{"rendered":"https:\/\/cryptomag.finance\/?p=42068"},"modified":"2026-04-26T16:00:46","modified_gmt":"2026-04-26T16:00:46","slug":"bone-network-heats-up-93k-holders-after-massive-weekly-surge","status":"publish","type":"post","link":"https:\/\/cryptomag.finance\/?p=42068","title":{"rendered":"BONE Network Heats Up: 93K Holders After Massive Weekly Surge"},"content":{"rendered":"<p>Wallets holding at least 1 million BONE quietly grew their positions by over 4% in April \u2014 a detail that might say more about where this token is headed than any single-week spike in new addresses.<\/p>\n<h2>Validator Activity Drives Holder Surge<\/h2>\n<p>BONE, the gas token powering Shiba Inu\u2019s Layer-2 blockchain Shibarium, <a href=\"https:\/\/x.com\/Shibizens\/status\/2047334065695580321\" target=\"_blank\" rel=\"noopener nofollow\">crossed 93,000 holder addresses<\/a> this week after adding 5,653 new wallets in seven days. That weekly growth rate hit 87%, a sharp jump from the prior week.<\/p>\n<p>According to the Shibizens X account, operated by the Shibarium team, most of that growth traces back to validator re-delegations on the network rather than a wave of new retail buyers. Etherscan data confirmed the total at 93,010 at the time of reporting.<\/p>\n<blockquote class=\"twitter-tweet\">\n<p dir=\"ltr\" lang=\"en\"><a href=\"https:\/\/twitter.com\/search?q=%24BONE&amp;src=ctag&amp;ref_src=twsrc%5Etfw\" rel=\"nofollow\">$BONE<\/a> holder count has surpassed 93,000 addresses. <img decoding=\"async\" src=\"https:\/\/s.w.org\/images\/core\/emoji\/17.0.2\/72x72\/1f9b4.png\" alt=\"\ud83e\uddb4\" class=\"wp-smiley\" \/><\/p>\n<p>+5,653 new holders in the last 7 days<br \/>\n\u2192 ~87% increase vs the previous week<\/p>\n<p>Key drivers:<br \/>\n\u2022 Validator re-delegations on Shibarium<\/p>\n<p>Observed trends:<br \/>\n\u2022 Tokens moving off exchanges into non-custodial wallets<br \/>\n\u2022 Increased\u2026 <a href=\"https:\/\/t.co\/svq50JlfYP\" rel=\"nofollow\">pic.twitter.com\/svq50JlfYP<\/a><\/p>\n<p>\u2014 Shibarium | SHIB.IO (@Shibizens) <a href=\"https:\/\/twitter.com\/Shibizens\/status\/2047334065695580321?ref_src=twsrc%5Etfw\" rel=\"nofollow\">April 23, 2026<\/a><\/p>\n<\/blockquote>\n<p>On-chain data also shows <a href=\"https:\/\/www.coingecko.com\/en\/coins\/bone-shibaswap\" target=\"_blank\" rel=\"noopener nofollow\">BONE<\/a> tokens moving away from centralized exchanges and into non-custodial wallets. Reports from Shibizens indicate transaction activity is climbing alongside an expanding active user base \u2014 trends that typically point to reduced short-term selling pressure and growing user confidence in the network.<\/p>\n<h2>Big Wallets Holding Long, Holding More<\/h2>\n<p>The 4.2% position increase among large holders in April has pushed their collective share to almost 60% of total supply. These top wallets aren\u2019t new to the token. Based on reports from Shibizens, their average holding period sits around 412 days \u2014 well over a year \u2014 suggesting major participants are focused on <a href=\"https:\/\/shib.io\/\" target=\"_blank\" rel=\"noopener nofollow\">Shibarium\u2019s<\/a> longer-term trajectory rather than reacting to short-term price swings.<\/p>\n<p><img decoding=\"async\" class=\"size-full\" src=\"https:\/\/www.tradingview.com\/x\/TAq37VVm\/\" width=\"1634\" height=\"951\" loading=\"lazy\" \/><\/p>\n<p>Trading volume also moved sharply higher, rising 51.77% over a 24-hour window to reach $1.7 million. That spike in volume came even as BONE\u2019s price remained under pressure, trading around $0.05766 \u2014 a 2.5% drop in a single day.<\/p>\n<p>Price Gap Remains A Heavy Overhang<\/p>\n<p>The numbers paint a complicated picture. Year-to-date, BONE has lost 28% of its value. Over the past month alone, it shed more than 10%. Those losses are part of a much larger decline that has stretched over years.<\/p>\n<p>BONE once traded at $41.67 \u2014 its all-time high, reached in September 2021. At its current price, the token sits 99.86% below that peak. The gap between where BONE trades today and where it once stood is something no single week of holder growth can paper over.<\/p>\n<p>The BONE network surpassed 93,000 holders following what the Shibarium team is calling a massive weekly surge. Whether the holder growth, rising volume, and accumulation by large wallets point to something bigger \u2014 or simply reflect routine network activity \u2014 remains to be seen.<\/p>\n<p><em>Featured image from Unsplash, chart from TradingView<\/em><\/p>","protected":false},"excerpt":{"rendered":"<p>Wallets holding at least 1 million BONE quietly grew their positions by over 4% in April \u2014 a detail that might say more about where this token is headed than any single-week spike in new addresses. Validator Activity Drives Holder Surge BONE, the gas token powering Shiba Inu\u2019s Layer-2 blockchain Shibarium, crossed 93,000 holder addresses [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_exactmetrics_skip_tracking":false,"_exactmetrics_sitenote_active":false,"_exactmetrics_sitenote_note":"","_exactmetrics_sitenote_category":0,"footnotes":""},"categories":[],"tags":[],"class_list":["post-42068","post","type-post","status-publish","format-standard"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.4 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>BONE Network Heats Up: 93K Holders After Massive Weekly Surge - Cryptomag<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/cryptomag.finance\/?p=42068\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"BONE Network Heats Up: 93K Holders After Massive Weekly Surge - Cryptomag\" \/>\n<meta property=\"og:description\" content=\"Wallets holding at least 1 million BONE quietly grew their positions by over 4% in April \u2014 a detail that might say more about where this token is headed than any single-week spike in new addresses. 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