$SHIB
Who is the biggest shib holder?
Arkham Intelligence, an on-chain data analytics firm, has published a list of the top 10 addresses holding Shiba Inu (SHIB), revealing a surprising leader. The largest SHIB-holding address contains tokens valued at approximately $5.9 billion—surpassing even major players like Binance, Robinhood, and Crypto.com.
The leading address, which has held this position since early 2021, is not an exchange or institutional wallet but a SHIB burn address. This wallet receives SHIB intended to be permanently removed from circulation and currently holds an extraordinary 410.43 trillion SHIB tokens. These coins are effectively locked, with no possibility of re-entering the market.
Trailing behind are wallets associated with major exchanges. Upbit holds 49.63 trillion SHIB, while Binance holds 45.43 trillion. Robinhood’s address contains 39.27 trillion SHIB, and Crypto.com follows with 30.87 trillion. Bithumb also appears on the list among the top holders.
Meanwhile, the SHIB community continues its token burn initiative. According to Shibburn, 31,447,991 SHIB tokens were permanently removed from circulation in the past 24 hours alone. These burns were executed in two significant transactions, transferring 18.36 million and 13.09 million SHIB respectively to unspendable addresses by anonymous entities.
Currently, 589.25 trillion SHIB remain in circulation from the original one quadrillion token supply. An additional 4.7 trillion SHIB are locked in DeFi staking protocols.
Notably, the top SHIB-holding address—responsible for the largest volume of burned tokens—is actively monitored by Shibburn and remains a central feature of SHIB’s tokenomics.