Etherscan has provided data on the accounts that hold the most Shiba Inu (SHIB) tokens. The crypto tracking platform also revealed the current balance of each of these SHIB holders.
The top wallet that holds the biggest amounts of the memecoin turned out to be Shiba Inu’s dead-end “Null” wallet -6942069.
For context, this is one of the wallets that hold the Shiba Inu tokens that have been burnt thus far. These tokens are typically sent to the “Null” wallet and then automatically locked. Data from Etherscan shows that it holds a whooping 410,369,185,421,021 SHIB which is valued at about $4,124,210,313.
This figure represents around 41.0376% of the total circulating supply of SHIB in the market. The next top wallet is an anonymous address “0xf3B0073….02A3” which holds 42,238,635,980,364.23 SHIB tokens, representing only 4.22% of the total circulating supply of $5,899,129,003.00.
Famous cryptocurrency market player OKX Exchange is also featured in this ‘Rich List’ of Shiba Inu’s top holders. The digital trading platform is currently occupying the position of the seventh-biggest SHIB holder. It holds 1.0721% of the SHIB circulating supply 10,721,262,471,103 SHIB, valued at $107,748,687.83. Another OKX wallet
The third and fourth positions are occupied by Binance 28 (40,725,253,923,695.45) and Binance 8 (31,000,000,000,000) respectively. As the major digital currency trading platform, Binance confirmed that it maintains a robust reserve of Shiba Inu in its latest Proof-of-Fund (PoF) report.
Popular trading platform Robinhood ranked in the 5th position with 20,000,001,218,987 SHIB, which is 2% of the supply worth $201,000,012.25. Robinhood 2 in 17th position, holds 6,460,060,605,181.38 or approximately 0.64% of the circulating supply of SHIB.
There is also another Shiba Inu address on the list, although a significant percentage of the wallets are anonymous. Some of the top holders that could be identified are Crypto.com, Coinspot, Gate.io, KuCoin, Kraken, and CoinDCX.
Meanwhile, SHIB is currently performing well, with one zero cleared from its price. At the time of this writing, Shiba Inu was trading at $0.00001004, up 3.83% in the past 24 hours. The price of Shiba Inu has been subpar lately, but a sustained HODL by these mega trading platforms may ultimately help reposition the altcoin and help it compete in the evolving memecoin world.
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