Leading blockchain explorer Etherscan published new data showing the top 50 wallets that own the highest number of Shiba Inu tokens. The rich list includes important trading platforms, and individual whales, among various others. The wallets hold trillions of SHIB tokens worth millions of dollars.
The top 50 wallets own nearly 40% of all Shiba Inu in circulation while the rest of the tokens are held by common investors. In this article, we will highlight who owns the biggest number of Shiba Inu tokens and reveal the identity of the holders.
Shiba Inu: Here’s Top 50 Wallets That Own Trillions of SHIB Tokens
Etherscan’s latest data shows that the ‘Null’ wallet holds 41% of all SHIB and is worth $3.95 billion. The ‘Null’ wallet is the dead wallet where all tokens that are burned and removed out of circulation fall. Therefore, nobody owns that wallet but it eventually plays a role in making SHIB tokens scarce.
Top cryptocurrency exchange Binance owns several wallets that have trillions of SHIB in it. Binance holds three different large wallets that contain $765,852,247 ($765 million) worth of SHIB tokens, respectively.
Below is the snapshot of the top 50 Shiba Inu holders who own a major portion of the token.
Additionally, the Robinhood exchange holds 27 trillion SHIB tokens worth a staggering $258 million and is the fifth largest SHIB holder. The OKX exchange holds 10.7 trillion SHIB worth $107 million and is the seventh biggest holder of SHIB. Crypto.com owns 7.3 trillion SHIB worth $70.5 million becoming the 16th largest holder. KuCoin and Kraken own $31.4 million and $29.5 million, respectively.
At press time, SHIB was trading at $0.00000975 and is down nearly 3% in the 24-hours day trade. SHIB is also down close to 89% from its all-time high of $0.00008616, which it reached in October 2021.