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Recent data on Shiba Inu ($SHIB) holdings reveal a significant concentration of tokens among a small group of large holders.
Notably, according to IntoTheBlock’s data, addresses holding between 100 billion and 10 trillion $SHIB tokens collectively hold a substantial portion of the token’s circulating supply, with over 668,000 addresses. These clusters currently control 302 trillion $SHIB tokens.
Essentially, just 668,000 wallets hold the largest supply of Shiba Inu.
Further Distribution of Large $SHIB Holders
Addresses holding 100 billion to 1 trillion $SHIB tokens currently control 173.03 trillion $SHIB. This represents a notable increase of 1.01% over the past 30 days, suggesting that these holders continue to accumulate tokens.
Additionally, 43,500 addresses control between 1 trillion and 10 trillion $SHIB, holding a total of 129.51 trillion $SHIB. This category also saw a slight increase of 0.20% over the same period, indicating steady confidence from the largest stakeholders.
Changes in Address Count
While the number of addresses in the 100 billion to 1 trillion $SHIB range remains substantial, there has been a small decrease in the number of holders. The 624,500 addresses in this category reflect a 1.89% reduction over the past 30 days.
Despite this decline, the total amount of $SHIB held has increased, suggesting that fewer but larger holders are emerging. Conversely, the number of addresses holding between 1 trillion and 10 trillion $SHIB has seen a 2.33% increase, indicating growth in this top-tier holding group.
Shifts in Overall $SHIB Holdings
Beyond the large $SHIB holders, there are notable shifts in smaller address categories. For example, addresses holding between 10 billion and 100 billion $SHIB have decreased by 1.18%, while their total holdings stand at 58.57 trillion $SHIB.
Similarly, the range of holders with 1 billion to 10 billion $SHIB has seen a modest increase, with their holdings totaling 19.97 trillion $SHIB, reflecting a 1.12% rise. These changes hint at minor adjustments in medium-sized holdings, though the largest accumulations remain with the wealthiest investors.