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How Many Shiba Inu Coin Holders Are There? Shiba Whales Wallets

By James Dean
Jul 5, 2024
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 In the world of crypto, Shiba Inu has a special place. This article will discuss, "How Many Shiba Inu Coin Holders Are There? Shiba Whales Wallets." Let's get started.

How Many Shiba Inu Coin Holders Are There?

There are many holders of Shiba Inu, with over 1.2 million wallets holding the coin as of late 2022. The largest address with 410 trillion coins is a dead address that reflects Vitalik Buterin's burn of 40% of the initial SHIB supply.

Shiba Whales Wallets

The largest address of 410 trillion coins is a dead address reflecting Vitalik Buterin burned 40% of the initial SHIB supply. Currently, the largest holder of Shiba Inu coins still in circulation has a wallet of 48.7 trillion coins, accounting for 4.87% of the init supply of 1 quadrillion.

According to WhaleStats, the top 10 wallet addresses with the largest SHIB holdings account for 165.61 trillion tokens, or 16.56% of the supply, worth over $1.8 billion. SHIB is highlighted as a decentralized, community-driven token, with a total supply of current 589.7 trillion, representing 28% of the supply held by just 10 wallets.

Ethereum's fifth-largest whale wallet, named Light, has a total portfolio value of $691m, of which 364 million, or 55%, is held in SHIB. They have been steadily selling some of their SHB holdings over the past two months, according to data, but remain the second largest active owner of SHB.

The next largest address has $132.9 million in SHIB, which accounts for 77.75% of the wallet's value, and its owners have accumulated over $48 million in SHIB tokens.

Based on activity since April, the top 100 Shiba Inu holders have increased the amount of SHIB in their wallets since the cryptocurrency price crash, accounting for 49.25% of the current total supply.. According to CoinCarp data, the most popular centralized to old exchange Shiba Inu is Binance.

How Many Shiba Inu Coin Holders Are There? Shiba Whales Wallets - hopefully, this article can help you to get some knowledge.

Disclaimer: The information on this page may have been obtained from third parties and does not necessarily reflect the views or opinions of BitKan. This content is provided for general informational purposes only, without any representation or warranty of any kind, nor shall it be construed as financial or investment advice. BitKan shall not be liable for any errors or omissions, or for any outcomes resulting from the use of this information. Investments in digital assets can be risky. Please carefully evaluate the risks of a product and your risk tolerance based on your own financial circumstances. Products mentioned in this article may not be available in your region.

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