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You Won’t Believe How Much Of The Shiba Inu Supply The Top 10 Addresses Control
Santiment data indicates that the top ten Shiba Inu (SHIB) addresses control a significant majority of the token supply. These ten wallets collectively hold over 62% of the total SHIB tokens, amounting to approximately 623 trillion SHIB. The largest of these addresses is the official Shiba Inu burn address, holding 410.43 trillion SHIB, which are permanently removed from circulation. Another substantial wallet holds 53.37 trillion SHIB, potentially linked to a decentralized exchange. Major centralized exchanges also feature prominently among the top holders. Robinhood's wallet holds 39.27 trillion SHIB, representing 3.92% of the supply. Binance is also a significant holder, with two wallets on the list: Binance Hot Wallet 20 holding 30.71 trillion SHIB and Binance 28 holding 19.51 trillion SHIB. Crypto.com's wallet contains 29.83 trillion SHIB, accounting for 2.98% of the total supply. Other large wallets on the list hold varying amounts, including one with 12.04 trillion SHIB and another with 11.41 trillion SHIB. The tenth-largest holder possesses around 7.65 trillion SHIB, potentially connected to a decentralized exchange. This concentration highlights a significant portion of SHIB being managed by a few entities.
