Top SHIB Holders Revealed: Burn Address Dominates, Whales Shift Billions, and Shibarium Upgrade Looms

An Arkham Intelligence report unveils the current top 10 holders of SHIB, with the burn SHIB address reigning supreme, holding a staggering 410,418,816,901,215.06 SHIB, valued at over $10 billion, comprising 41% of the total Shiba Inu supply. Following closely behind is Crypto.com, holding 37,570,344,005,265.1 SHIB, equating to 3.76% of the supply and valued at $968,560,000. However, this wallet’s online connectivity exposes it to potential security risks. Third on the list is a Binance cold wallet, possessing 35,000,000,000,000 SHIB, totaling $902,300,000. Robinhood’s cold wallet trails shortly after, securing 31,753,251,930,362.97 SHIB, valued at $818,600,000. READ MORE: Robinhood Broadens Cryptocurrency Reach: New Yorkers