Top 10 Shiba Inu Addresses Control Over 62% of Total Supply
New data from Santiment indicates that the top 10 wallets control over 62% of the total Shiba Inu (SHIB) supply. Key findings include:
- 62.3% of one quadrillion SHIB tokens are held by the top 10 addresses, amounting to approximately 623 trillion SHIB.
- The largest wallet is the official Shiba Inu burn address, holding 410.43 trillion SHIB, effectively removing these tokens from circulation.
- Another significant wallet contains about 53.37 trillion SHIB, representing 5.33% of the total supply, possibly linked to a decentralized exchange or smart contract.
Exchanges also dominate the holdings among these wallets:
- Robinhood holds 39.27 trillion SHIB (3.92% of total supply).
- Binance Hot Wallet 20 has 30.71 trillion SHIB (3.07%), while another Binance wallet holds 19.51 trillion SHIB (1.95%).
- Crypto.com’s wallet contains 29.83 trillion SHIB (2.98%).
- Other significant wallets hold 12.04 trillion (1.2%), 11.41 trillion (1.14%), and 9.04 trillion SHIB (0.9%).
- The tenth-largest holder controls approximately 7.65 trillion SHIB (0.76%).
