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How Many Shiba Inu Holders Are There? Who Owns The Most Shiba Inu Coin?

By Craig Green
Jul 24, 2024
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Shiba inu has more than 585,000 community members, according to the website, but how many shiba inu holders are there?

How Many Shiba Inu Holders Are There?

According to data from both WhaleStats and CoinCarp, there were more than 1.2 million shiba inu holders as of 17 July, up from 1.18 million a month earlier on 16 June.

The largest address with 410 trillion coins is a dead address that reflects Vitalik Buterin's burn of 40% of the initial SHIB supply.

Who Owns The Most Shiba Inu Coin?

The largest Shiba Inu Coin holder who is still trading has a wallet with 48.7 trillion tokens or 4.87% of the initial 1 quadrillion supply.

According to WhaleStats, the top 10 wallet addresses with the largest SHIB holdings have 165.61 trillion tokens, or 16.56% of the total supply, with a market value of more than $1.8 billion. Despite the focus on SHIB being a decentralized, community-led currency, the current total supply of 589.7 trillion means that only 10 wallets hold 28% of the total supply.

The portfolio value of Light, the fifth-largest whale wallet for Ethereum, is $691 million, of which 364 million, or 55%, are stored in SHIB.

The next largest address holds $132.9m in SHIB, accounting for 77.75% of the wallet's value, with the holder accumulating more than $48m in SHIB tokens throughout the past month while selling $13.4m on 11 July 2022.

Based on activity since April 2022, the top 100 shiba inu holders have increased the amount of SHIB in their wallets since cryptocurrency prices crashed. They account for 49.25% of the current total supply.

The most popular centralized exchange for holding Shiba inu is Binance, which had a token balance of 42 trillion SHIB valued at $468.3m at the time of writing, according to CoinCarp data. That was followed by OKEx at $7.8trn SHIB worth $86.2m and Crypto com with 6.3 trillion SHIB worth $69.4m.

How Many Shiba Inu Holders Are There? Who Owns The Most Shiba Inu Coin? - 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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