Unveiling the Top 50 Wallets Holding Trillions of SHIB Tokens

• Decoding the Top Holders of Shiba Inu Tokens
• Shiba Inu Ownership: A Detailed Look
• Top 50 Wallets with Trillions of SHIB Tokens
• A Snapshot of Major Shiba Inu Holders
• Current State of Shiba Inu

Decoding the Top Holders of Shiba Inu Tokens

Etherscan, a prominent blockchain explorer, has released new data detailing the top 50 wallets with the maximum Shiba Inu$0.000010 -2.05% tokens. This list, often referred to as the 'rich list', comprises several leading trading platforms, individual whales, and others owning trillions of SHIB tokens valued in millions of dollars. Nearly 40% of all circulating Shiba Inu tokens are held in these top 50 wallets, with the remainder distributed among average investors.

Shiba Inu Ownership: A Detailed Look

A clear understanding of Shiba Inu's ownership is paramount for potential investors. This article sheds light on the entities holding the largest quantities of Shiba Inu tokens and reveals the holders' identities.

Top 50 Wallets with Trillions of SHIB Tokens

Etherscan's latest data indicates that the 'Null' wallet holds 41% of all SHIB, with a value of $3.95 billion. The 'Null' wallet is a unique entity where all burned tokens get deposited and become permanently inaccessible, thereby contributing to SHIB's scarcity.

Binance, a leading cryptocurrency exchange, holds several wallets containing trillions of SHIB. It holds three major wallets with a total worth of $765 million in SHIB tokens.

A Snapshot of Major Shiba Inu Holders

The following section provides a snapshot of the top 50 Shiba Inu holders, each of whom owns a significant portion of the token.

The Robinhood exchange holds 27 trillion SHIB tokens, valued at a sizable $258 million, thereby making it the fifth largest SHIB holder. The OKX exchange holds 10.7 trillion SHIB, worth $107 million, making it the seventh largest holder. Crypto.com, with 7.3 trillion SHIB worth $70.5 million, is the 16th largest holder. Other notable holders of SHIB include KuCoin and Kraken with holdings worth $31.4 million and $29.5 million, respectively.

Current State of Shiba Inu

As of the latest update, SHIB is trading at $0.00000975, representing a nearly 3% decrease in the past 24 hours. Furthermore, SHIB has fallen almost 89% from its all-time peak of $0.00008616, achieved in October 2021.

Edited by Jonathan Stoker