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Shiba Inu (SHIB) Token Holders Now At An All-Time High; Crosses 1.18 Million Mark

Shiba Inu (SHIB) is on the surge with its upcoming events and Shiberse. As per the data revealed by WhaleStats, the total addresses holding Shiba Inu have surpassed the 1.185 million mark for the first time.

SHIB token holders hit ATH

According to WhaleStats, now there are 1,185,135 holders around the world. While it was reported that on Feb. 18, there was a total of 1,180,140 wallets holding Shiba Inu. This has been a good rise in the number of holders.

Meanwhile, the data has also revealed that the top 1000 Ethereum wallets are now holding 13,845,082,253,056 $SHIB worth $2.29 billion.

The 1,000 largest Ethereum wallets are worth an average of $138 million and have an average of 40,496 ETH, 38 tokens, and 1 NFT.

As we dig in, the WhaleStats site shows that SHIB is now the second-largest coin held by the biggest ETH whales. Shiba Inu (SHIB) makes 15.51% of the total holding. However, the FTX token holds the top position making 16.48% of the total wallet.

Yesterday, it was reported that one of the biggest ETH whales bought the dip. An ETH wallet bought more than 47 billion SHIB tokens worth $1,275,710 to become one of the largest SHIB holders.

According to WhaleStats, the unknown ETH Wallet now holds $113,247,616 worth of Shiba Inu coin among the total holding of $700 million comprising many different tokens.

Over 900 Million SHIB tokens burn

Shiba Inu and its community have dropped some big announcements this February. While SHIB is focused on making Shiberse possible, the SHIB army has been taking part in the token burn events.

As per Shibburn, a $SHIB burn tracker, in the last 24 hours around over 23 million Shiba Inu coins have been burned in 12 transactions. This coin has been sent to the dead wallets.

A few days back, Shibburn tweeted that over 900 million SHIB tokens has been burned by sending them to the dead wallets.

Disclaimer

The presented content may include the personal opinion of the author and is subject to market condition. Do your market research before investing in cryptocurrencies. The author or the publication does not hold any responsibility for your personal financial loss.

About Author

Ashish believes in Decentralisation and has a keen interest in evolving Blockchain technology, Cryptocurrency ecosystem, and NFTs. He aims to create awareness around the growing Crypto industry through his writings and analysis. When he is not writing, he is playing video games, watching some thriller movie, or is out for some outdoor sports. Reach me at [email protected]

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