Shiba

Shiba Inu

Institutions like crypto exchanges usually form the <a href="https://bitcoinist.com/top-10-xrp-wallets-11-supply/">top holders of coins like Shiba Inu</a>, considering the amount of assets they have under management. That is why it is always eye-catching when private wallets form part of the top rich list of a particular crypto token.&nbsp; 
This happens to be the case of <a href="https://bitcoinist.com/shiba-inu-team-executes-4th-burn-to-bring-total-to-nearly-34-billion/">Shiba Inu (SHIB)</a> where six private holders are part of the <a href="https://bitcoinist.com/10-wallets-hold-72-of-total-shiba-inu-supply-who-are-they/">top 10 holders</a> of the memecoin. Interestingly, the largest holder of the SHIB tokens in circulation happens to be a private holder.&nbsp;&nbsp; 
<h2 id="who-the-top-5-individual-shiba-inu-wallets-are">Who The Top 5 Individual Shiba Inu Wallets Are</h2> 
According to <a href="https://etherscan.io/token/0x95ad61b0a150d79219dcf64e1e6cc01f0b64c4ce#balances" rel="nofollow noopener" target="_blank">data</a> from Etherscan, the top private holder among <a href="https://bitcoinist.com/shiba-inu-shibarium-public/">SHIB’s</a> holders is a wallet (0xf3B007) that holds over 42 trillion SHIB ($452 million), accounting alone for 4.3% of the meme coin’s maximum total supply, which stands at over 999 trillion SHIB. There is no indication of who this wallet might belong to. 
However, the owner of this wallet is no doubt bullish on the <a href="https://bitcoinist.com/shiba-inu-shib-2024/">meme coin</a>, as there have been lots of <a href="https://bitcoinist.com/shiba-inus-large-holders-accumulated-100m-week-data/">significant inflows</a> into the wallet for some time now. Bitcoinist had <a href="https://bitcoinist.com/shiba-inu-whales-exiting-from-exchanges-bullish/">recently reported</a> how Shiba Inu whales were exiting their holdings from exchanges, and this wallet could well account for a huge percentage of those exits.&nbsp; 
The second largest SHIB private holder is a contract address (0x422193), which holds 13.6 trillion SHIB ($144 million), accounting for almost 1.4% of the token’s maximum total supply. Interestingly, <a href="https://bitcoinist.com/shiba-inu-founder-ryoshi-wallets-emptied/">this wallet</a> was dormant until recently, when there was an outflow of 1 million SHIB. 
The third (0xF28d22), fourth (0x99c140), and fifth (0x319871) top private wallets all respectively hold just over 10 trillion SHIB, each accounting for 1% of the meme coin’s total supply. Another private wallet (0x5Ee8E7) completes the top 10 rich list with a holding of just over 10 trillion SHIB.&nbsp; 
<img loading="lazy" decoding="async" class="aligncenter size-medium" src="https://www.tradingview.com/x/J6M41EQT/" alt="Shiba Inu price chart from Tradingview.com" width="3266" height="1530"> 
<h2 id="non-private-wallets-in-the-top-10-shiba-inu-rich-list">Non-Private Wallets In The Top 10 Shiba Inu Rich List</h2> 
A Shiba Inu (SHIB) <a href="https://www.newsbtc.com/shiba-inu/shiba-inu-8-billion-shib-burned/#:~:text=Over%208%20Billion%20Shiba%20Inu%20Burned%20In%20The%20Last%2024%20Hours&amp;text=As%20a%20result%20of%20this,transferred%20to%20a%20dead%20wallet." rel="nofollow noopener" target="_blank">burn wallet</a> forms part of the top 10 list, with over 410 trillion SHIB sent to this address so far. It is worth mentioning that the wallet isn’t factored in, though, when considering the largest SHIB holders since crypto tokens sent to that address are <a href="https://bitcoinist.com/shiba-inu-team-executes-4th-burn-to-bring-total-to-nearly-34-billion/">wiped out of circulation</a>.&nbsp; 
In recent times, the largest inflows into the wallet have come from the Shiba Inu Deployer wallet, which sends some of the transaction fees made from the Shibarium network. This forms part of the Shibarium team’s commitment to the <a href="https://www.newsbtc.com/shiba-inu/shiba-inu-shib-burns/" rel="nofollow noopener" target="_blank">SHIB burn initiative</a>.&nbsp; 
Notably, trading platform <a href="https://bitcoinist.com/robinhood-eyes-european-expansion-as-exchange-gains-momentum-in-q3-2023/">Robinhood</a> also makes the top 10 list. Robinhood holds over 20 trillion SHIB tokens, accounting for 2% of the crypto token’s total supply. This would suggest that the platform has a considerable amount of SHIB investors, as these assets are likely under management.&nbsp; 
The <a href="https://bitcoinist.com/binance-former-ceo-czs-wealth-skyrockets-25-billion/">largest crypto exchange, Binance</a>, is the only other exchange in the top 10 list. There are two separate Binance wallets on the list, with each holding over 38 trillion and 30 trillion SHIB tokens, respectively.&nbsp;&nbsp;

Shiba Inu Top 5 Private Holders Control 7% Of Supply, Who Are They?

Table of Contents

Bitcoinist

Other articles published on Dec 29, 2023

Japan-based Monex Group to Acquire Controlling Stake in 3iQ

Top Altcoins to Buy December 29th: MINA, ORDI, AXS

Binance reports 40 million new users in 2023 despite regulatory woes

Could Sponge Token be the Next Bonk? Upgraded Meme Coin Reaches $1m Staked Milestone

US Congressman Wants SEC To Dismiss Gary Gensler Over Overzealous Crypto Regulatory Approach

Avalanche (AVAX) To Go Ape? Ethereum-Rival Aims To Promote Memecoins With New Culture Catalyst In...

Join our free newsletter for daily crypto updates!