🚨 129 Trillion SHIB $SHIB Held by Just 45 Wallets – What’s Really Happening?

New on-chain data from IntoTheBlock has stirred the SHIB waters: a jaw-dropping 128.99 trillion SHIB is concentrated in just 45 wallets.

That’s not a typo. That’s nearly 22% of the circulating supply.

🐳 Who's Holding the Bag?

IntoTheBlock categorizes holders into two groups:

Whales – The mega-wallets

Investors – Wallets holding between 0.1% to 1% of SHIB’s supply

These 45 wallets fall into the "investors" tier — meaning they’re not the absolute top whales but still command serious power.

👀 Why This Is a Big Deal

Shiba Inu may have started as a meme, but with a total supply of 589 trillion SHIB, it has grown into a full-blown DeFi ecosystem. When 129 trillion tokens are controlled by just 45 addresses, red flags—and curiosity—go up.

So, the million-dollar question is:

> 🤔 Are these wallets exchanges, smart contracts, or early whales?

🧠 Here’s What We Think We Know:

Some of these wallets are likely:

🔒 Crypto exchanges (like Binance, Coinbase) — holding pooled user funds

📜 Smart contracts — linked to ShibaSwap, Shibarium, staking, etc.

🔥 Burn addresses — dead wallets with no spend access

🕰️ Early adopters or institutions — those who bought deep in the early days

But… the on-chain data doesn’t always reveal wallet identities, so the mystery remains. That lack of transparency could mean volatility if any of these wallets decide to move large amounts.

📉 SHIB Price Snapshot

As of now, $SHIB trades at $0.00001166, nudging up just 0.01% in the last 24 hours. A flatline, but that could change fast depending on how these big holders move.

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🧠 With SHIB’s price sleeping and whales lurking, it's a reminder: in crypto, what you don’t see might still move the market.

#ShibaInu #SHIB #CryptoWhales #shibaswap #OnChainData #altcoins #DeFi