The Top Private Shiba Inu Wallet Holders
Usually, crypto exchanges dominate the list of top holders for coins like Shiba Inu. However, it’s noteworthy when private wallets make it to the top rich list. In the case of Shiba Inu (SHIB), six private holders are among the top 10 holders of the memecoin. Interestingly, the largest holder of SHIB tokens is a private wallet.
Who Are the Top 5 Individual Shiba Inu Wallets?
According to data from Etherscan, the leading private holder of SHIB tokens is a wallet (0xf3B007) that holds over 42 trillion SHIB ($452 million). This accounts for 4.3% of the meme coin’s maximum total supply. The owner of this wallet remains unknown, but their significant inflows indicate a bullish stance on Shiba Inu.
The second-largest private holder is a contract address (0x422193) with 13.6 trillion SHIB ($144 million), accounting for almost 1.4% of the token’s total supply. The third, fourth, and fifth top private wallets each hold just over 10 trillion SHIB, representing 1% of the coin’s supply.
Non-Private Wallets in the Top 10 List
A Shiba Inu burn wallet is part of the top 10 list, with over 410 trillion SHIB sent to this address so far. However, this wallet isn’t considered among the largest SHIB holders because tokens sent to it are burned and removed from circulation.
Robinhood, a popular trading platform, holds over 20 trillion SHIB tokens, accounting for 2% of the coin’s total supply. Binance, the largest crypto exchange, also has two wallets on the list, with each holding over 30 trillion SHIB tokens.
Hot Take: Shiba Inu’s Diverse Holder Landscape
The presence of private wallets among the top holders of Shiba Inu reflects a diverse landscape of investors. While exchanges like Binance and platforms like Robinhood play a significant role, private individuals also hold substantial amounts of SHIB tokens. This suggests a widespread interest in the memecoin and highlights its appeal to both institutional and retail investors. As Shiba Inu continues to gain attention and traction, it will be interesting to see how the distribution of its holders evolves.
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