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💥 129 Trillion SHIB Held by Just 45 Wallets – What’s Going On?
New data from IntoTheBlock shows that 128,990,000,000,000 SHIB (almost 129 trillion Shiba Inu tokens) are held by only 45 wallets. That’s a big chunk of SHIB supply! 🐋 Who Are These Holders? IntoTheBlock looks at who owns the most SHIB and splits them into two groups: Whales: The biggest holders Investors: Wallets that hold between 0.1% to 1% of SHIB's total supply These 45 wallets are in the "investors" group. 🤔 Why Does This Matter? Shiba Inu started as a meme coin but has grown into a well-known altcoin. With a total supply of over 589 trillion SHIB, it’s a big deal that 129 trillion are held by just 45 wallets. This raises a big question: > Are these wallets owned by real people, exchanges, or smart contracts? 🔍 What the Data Shows Many of the top SHIB holders are likely: Crypto exchanges like Binance and Coinbase (they hold user funds together in big wallets) Smart contracts from SHIB platforms like ShibaSwap and Shibarium Burn addresses (wallets that can’t spend tokens) A few early buyers or institutions who bought big early on But here’s the catch — the data doesn’t clearly show which wallets are exchanges or smart contracts, so it’s hard to know exactly who these "investors" are. 📉 SHIB Price Update At the time of writing, SHIB is trading at $0.00001166, slightly up by 0.01% in the past 24 hours — not much movement in the market right now. #SHİB $SHIB
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