Etherscan has provided crucial data on the wallet addresses holding the most Shiba Inu (SHIB). Etherscan, an online platform used to monitor and research interactions, block information, smart contracts, and Ethereum-based tokens on the Ethereum Blockchain, has revealed the current balance of each of the wealthiest SHIB investors, as well as provided information about the identities of the investors.
The Top 2 Shiba Inu Investors
According to Etherscan’s data, the anonymous wallet address starting with 0xdea… (Null) currently holds the highest amount of SHIB. It’s worth noting that this wallet address is one of the wallet addresses where the SHIB burned to date has been sent. The SHIB set to be burned is typically sent to the “Null” wallet and these tokens are automatically locked away, never to be accessed again.
Data from Etherscan shows that approximately 4.12 billion dollars worth of 410.36 trillion SHIB is being held in the aforementioned wallet address. This figure corresponds to approximately 41% of the circulating supply of SHIB.
The next wealthiest SHIB wallet address is the anonymous wallet address starting with 0xf3B… Currently, this wallet address holds 437.19 million dollars worth of 42.24 trillion SHIB.
Crypto Exchanges Stand Out With Their Amount of SHIB Held
Leading cryptocurrency exchange OKX is one of the entities controlling the largest SHIB wallet addresses. The crypto exchange currently owns the seventh largest wallet address. The wallet address of the crypto exchange holds 107.74 million dollars worth of 10.72 trillion SHIB, which corresponds to 1.07% of the circulating supply of SHIB.
The third and fourth largest wallet addresses are owned by Binance. Binance holds 40.72 trillion SHIB in a wallet address labelled 28, and another 31 trillion SHIB in a second wallet address labelled 8. Binance, the largest crypto exchange by volume, confirmed in its latest Proof of Reserves report that it has a large Shiba Inu reserve.
Popular trading platform Robinhood also controls two of the largest SHIB wallet addresses. The trading platform holds a total of 20 trillion SHIB (worth 201 million dollars), equivalent to 2% of the SHIB supply, in one wallet address. In a second wallet address labelled Robinhood 2, it holds 6.4 trillion SHIB, equivalent to 0.64% of the circulating SHIB supply.
Although a significant percentage of the wallets are anonymous, unsurprisingly, there are several crypto exchanges on the list. In addition to Binance, OKX, and Robinhood, the control of some of the largest identified SHIB wallet addresses belongs to Crypto.com, Coinspot, Gate.io, KuCoin, Kraken, and CoinDCX exchanges.
