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How Many Wallets Hold Shiba Inu As Shiba Whales?

By Wayne Ingram
Aug 23, 2024
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Cryptocurrency whales are an important part of the cryptocurrency ecosystem. Along with Elon Musk's Dogecoin holdings and the question of if Elon Musk owns any SHIB, holders want to know who are the top Shiba Inu whales in question. Let's see in this article "Shiba Inu Community: How Many Wallets Hold Shiba Inu As Shiba Whales".

How Many Wallets Hold Shiba Inu As Shiba Whales?

The largest address of 410 trillion coins is a dead address reflecting Vitalik Buterin burned 40% of 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 initial 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 current supply of 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 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 exchange to hold Shiba Inu is Binance. Well, I think you have gotten the answer to the question, "How Many Wallets Hold Shiba Inu As Shiba Whales ?"

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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