Move over Binance — the largest Shiba Inu (SHIB) wallet has been revealed, and it’s not what anyone expected.
According to recent on-chain data shared by Arkham Intelligence, a major surprise has shocked the SHIB community. The biggest holder of SHIB isn’t a well-known crypto exchange or DeFi whale. It’s actually a SHIB burn wallet — an address that’s been quietly collecting unwanted SHIB tokens since 2021.
💀 SHIB Burn Wallet Takes the Crown
In a dramatic twist, the top SHIB-holding address isn’t active or spendable at all. It’s a dead-end burn address, meaning those coins are permanently removed from circulation.
This address holds a jaw-dropping 410.43 trillion SHIB, worth around $5.9 billion at the time of writing.
🔥 Wallet address 0x...dead leads the chart. These SHIB tokens are gone for good!
📊 SHIB Top 10 Holders: The Breakdown$SHIB
Aside from the burn wallet, several major exchanges still hold massive amounts of SHIB. Here’s how the leaderboard looks:
Wallet Holder SHIB Amount Held Approx. Value (USD)
🔥 Burn Wallet 410.43T $5.9B
🏦 Upbit 49.63T ~$715M
🐉 Binance 45.43T ~$655M
🦁 Robinhood 39.27T ~$566M
🏛 Crypto.com 30.87T ~$445M
🐳 Bithumb ~TBA TBA
This reshuffling has bumped Binance from the top spot, which many assumed was SHIB’s largest custodian.
🚀 SHIB Community Keeps Burning
Meanwhile, the SHIB army continues its mission to reduce circulating supply. In just 24 hours, over 31.4 million SHIB were permanently removed from the ecosystem.
🔥 18.35M SHIB sent to burn addresses
🔥 13.09M SHIB burned by whales
Fun Fact: Out of the original 1 quadrillion SHIB, only 589.25 trillion remain in circulation. Another 4.7 trillion SHIB are locked up in DeFi staking protocols.
Chart showing SHIB$SHIB
supply decline due to burn events
🧠 Final Thoughts
The rise of the burn address to the top of the SHIB holder list is a symbolic win for the community’s long-term vision: reduce supply, increase scarcity.
As SHIB continues to evolve with burns, staking, and DeFi integrations, all eyes remain on how the supply curve — and price — will react in the long run.
📌 TL;DR
Largest SHIB wallet is a burn address with over $5.9B in SHIB.
Binance, Robinhood, and Crypto.com follow in the top 10 list.
