Etherscan Reveals Top Shiba Inu (SHIB) Wallets and Their Holdings - Latest cryptocurrency news

Etherscan Reveals Top Shiba Inu (SHIB) Wallets and Their Holdings

Etherscan is an online platform used to observe interactions on the Ethereum Blockchain, block information, smart contracts, and Ethereum-based tokens. This platform disclosed the wallet addresses of the wealthiest Shiba Inu (SHIB) investors and their current SHIB balances. It also provided information about the identities of the investors.

Currently, the anonymous wallet address with the highest amount of SHIB starts with 0xdea… and this address is one of those to which burned SHIB has been sent. SHIB sent to the “Null” wallet is automatically locked and becomes inaccessible.

Technology & Populer Science News: Newslinker.co

According to Etherscan data, the mentioned wallet address holds about 4.12 billion dollars worth of 410.36 trillion SHIB. This figure corresponds to approximately 41% of the circulating supply of SHIB.

The second-richest SHIB wallet address is an anonymous address starting with 0xf3B…, holding 42.24 trillion SHIB valued at 437.19 million dollars.

Leading cryptocurrency exchange OKX is one of the institutions controlling the largest SHIB wallet addresses. The exchange owns the seventh-largest wallet address, holding 10.72 trillion SHIB valued at 107.74 million dollars, which is equivalent to 1.07% of SHIB’s circulating supply.

Although most of the other large wallet addresses remain anonymous, cryptocurrency exchanges such as Binance, OKX, and Robinhood dominate the list. Additionally, exchanges like Crypto.com, Coinspot, Gate.io, KuCoin, Kraken, and CoinDCX also have control over the largest SHIB wallet addresses.

Disclaimer: The information contained in this article does not constitute investment advice. Investors should be aware that cryptocurrencies carry high volatility and therefore risk, and should conduct their own research.
You can follow our news on Telegram, Twitter ( X ) and Coinmarketcap