Recent data shows that a significant portion of Shiba Inu ($SHIB) is concentrated in the hands of a small group of large investors. According to data from IntoTheBlock, 668,000 addresses hold between 100 billion and 10 trillion SHIB tokens, collectively controlling 302 trillion SHIB—a large portion of the total circulating supply.
🐋 Big companies are consolidating their holdings
Among the largest holders, addresses holding 100 billion to 1 trillion SHIB have accumulated 173.03 trillion tokens, indicating continued interest in building their positions. Over the past month, this group has seen a 1.01% increase in holdings, signaling growing confidence among these investors. Meanwhile, the 43,500 addresses holding 1 trillion to 10 trillion SHIB hold 129.51 trillion tokens, reflecting a modest 0.20% increase in holdings.
📉 Fewer Addresses, Bigger Stake
While the total amount of SHIB held by large investors is increasing, the number of addresses holding 100 billion to 1 trillion tokens has decreased slightly by 1.89% over the past 30 days. This shows that larger investors are consolidating their positions, resulting in fewer but larger holdings. In contrast, addresses holding 1 trillion to 10 trillion SHIB have seen an increase of 2.33%, indicating expansion in this category of top holders.
💼 Medium holders and smaller investors
On the other hand, smaller holders of 10 billion to 100 billion SHIB experienced a 1.18% decrease in the number of addresses, although they still control 58.57 trillion tokens. However, holders of 1 billion to 10 billion SHIB saw a slight increase of 1.12% in their total holdings, currently controlling 19.97 trillion SHIB. This shows that while mid-sized investors are still active, the majority of the token supply is still concentrated in wealthier investors.
📊 Concentration among wealthier SHIB holders
The continued consolidation of SHIB among large investors highlights the increasing concentration of the token supply. As top holders continue to accumulate SHIB, this signals growing confidence in the long-term potential of the asset. While small and mid-sized holders show volatility, the dominance of large investors suggests that SHIB’s future is largely in the hands of the wealthiest stakeholders.
In short, as large investors increase their control over the Shiba Inu supply, the market is closely watching to see how this concentration will impact the token’s price dynamics in the future.
