Upbit's SHIB Holdings Reach a Massive 64.16 Trillion Tokens!
South Korea's leading crypto exchange, Upbit, has a huge amount of Shiba Inu linked to its wallets, according to Arkham Intelligence.
The wallets contain approximately 64.16 trillion $SHIB, currently valued at around $285 million.
These holdings make Upbit one of the largest entities associated with SHIB on-chain.
An August 2026 audit also confirmed that Upbit's SHIB reserves exceeded its customer liabilities.
That's an enormous amount of SHIB associated with a single exchange!
Could this level of concentration have a bigger impact on SHIB's future market movements?
#SHIB #shibaInu #cryptouniverseofficial #Binance @Shiba Inu
South Korea's leading crypto exchange, Upbit, has a huge amount of Shiba Inu linked to its wallets, according to Arkham Intelligence.
The wallets contain approximately 64.16 trillion $SHIB, currently valued at around $285 million.
These holdings make Upbit one of the largest entities associated with SHIB on-chain.
An August 2026 audit also confirmed that Upbit's SHIB reserves exceeded its customer liabilities.
That's an enormous amount of SHIB associated with a single exchange!
Could this level of concentration have a bigger impact on SHIB's future market movements?
#SHIB #shibaInu #cryptouniverseofficial #Binance @Shiba Inu
