๐ According to new data from IntoTheBlock, a massive 129 trillion SHIB tokens are held by only 45 wallets. Thatโs a huge portion of the total Shiba Inu supply!
๐ Who Are These Wallets?
IntoTheBlock breaks $SHIB holders into two main groups:
Whales: The very largest holders
Investors: Wallets holding 0.1% to 1% of SHIBโs total supply
๐ These 45 wallets fall into the Investor category โ not the top whales, but still holding billions to trillions in tokens.
๐ค Why Should You Care?
Shiba Inu may have started as a meme coin, but today itโs a popular altcoin with a total supply over 589 trillion SHIB.
Now, imagine this โ just 45 wallets control 129 trillion SHIB.
That raises an important question:
โ Are these wallets run by people, exchanges, or smart contracts?
๐ Here's What We Know:
Many of the top holders are likely:
๐ฆ Crypto exchanges (like Binance or Coinbase) โ holding $SHIB for their users
โ๏ธ Smart contracts (from ShibaSwap or Shibarium)
๐ฅ Burn wallets (where SHIB is sent to be destroyed and canโt be used again)
๐ฐ๏ธ Early buyers or big investors from SHIBโs early days
๐ But the data doesnโt clearly label which wallets belong to exchanges or smart contracts โ so itโs not 100% clear who the real owners are.
๐ SHIB Price Today
As of now, $SHIB is trading at $0.00001174, with a +1.12% increase in the last 24 hours.
Not much action, but still holding steady.
๐ Why This Matters for SHIB Holders
A few big holders controlling a large chunk can affect market moves
If one of these wallets sells, it could impact price
But if theyโre exchanges or smart contracts, the risk is lower
๐ Bottom Line:
Nearly 129 trillion SHIB is held by just 45 wallets. While we donโt know exactly who owns them, itโs something all SHIB investors should keep an eye on.
#SHIB #CryptoNews #ShibaInu $SHIB #BlockchainData
