Economy

10 crypto wallets hold 62,3% of SHIB, 51% of ETH and Uniswap

According to Santiment, the top 10 crypto wallets that control Shiba Inu, own 62,3% of the memecoin supply.

Etherscan shows that the largest SHIB holders include the official token burn address, major exchanges, and unknown wallets:

  • 1: Burn Address (0xdEA…42069) — 410,43 trillion SHIB (Founder Ethereum Vitalik Buterin destroyed the largest number of tokens in 2021).
  • 2:Unknown, probably smart contract — 53,37 thousand SHIB.
  • 3–6: Robinhood, Binance Hot Wallet 20, Crypto.com, Binance 28 — from 19,51 to 39,27 trillion SHIB.
  • 7: Unknown (0xa70…71FA9) address with 12,04 trillion SHIB.
  • 8-9: Robinhood Wallets and Binance — 11,41 trillion and 9,04 trillion SHIB.
  • 10: Unknown — SHIB 7,65 trillion.

Although more than 2021 trillion tokens have been burned since 410, the number of tokens remains high at approximately 589 trillion. Because of this, burning campaigns Shiba Inu do not always have a positive effect on the asset’s rate. Since the beginning of the year, its price has fallen by 42,2% to $0,00001237.

However, whales accumulated approximately 4,66 trillion SHIB in August, according to Santiment, suggesting that some large holders are still considering token as an investment opportunity.

Ethereum concentration and Uniswap is also impressive. Analysts found that 51,0% and 52,2% of their supply are also concentrated in the top 10 wallets.

Source

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