You Won’t Believe How Much Of The Shiba Inu Supply The Top 10 Addresses Control
New data from Santiment has revealed that the top 10 Shiba Inu (SHIB) addresses control over 62% of the entire token supply. The crypto analytics platform shared the update on Tuesday, posting percentages of supply held by the top blockchain wallets of popular Ethereum-based tokens on X. Santiment Data Reveals Top 10 Wallets Hold Over 62% Of Shiba Inu Supply According to the Santiment report, the concentration of Shiba Inu supply in the hands of the top 10 wallets is striking. According to the data, out of Shiba Inu’s original one quadrillion tokens, 62.3% are now controlled by only ten....
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On-chain data shows over half of the Ethereum supply is held by just 10 addresses. Here’s how other ETH-based tokens like Shiba Inu stack up. Shiba Inu, Uniswap, & Ethereum Are Among The Most Centralized ETH Tokens In a new post on X, on-chain analytics firm Santiment has talked about how the different assets in […]
Crypto blockchains are designed to be fully decentralized so that no single person or group has control. However, new data has shown that the top 10 Ethereum addresses control over 35% of the total ETH supply. For a network that was designed to be decentralized, this has sparked some serious concerns over how centralized ETH has become. The 10 Largest Ethereum Addresses Hold Over 35% Of The Available Supply While sharing the metric on social media platform X, crypto market intelligence platform Santiment showed how holdings of the 10 largest Ethereum addresses have now climbed to 35% of....
The number of Shiba Inu millionaires continues to decline as the recent market crash puts a damper on holder’s profits. Notably, on-chain data reveals that the total number of Shiba Inu millionaires has fallen below 1,000. However, they still control a significant portion of the meme coin’s supply. SHIBMillionaires Drop Below 1,000 Following a broader market crash that significantly impacted meme coins like SHIB and DOGE, new reports reveal that the number of Shiba Inu millionaires, with wallets between $100,000 and $10 million, has declined severely. IntoTheBlock, a blockchain analytics....
On-chain data shows Shiba Inu has a high concentration of supply on its largest holders. Here’s how Ethereum and other altcoins compare. Top 10 Shiba Inu Wallets Control The Majority Of Supply In a new post on X, the on-chain analytics firm Santiment has talked about how the total holdings of the ten largest whales compares for four altcoins: Ethereum (ETH), Shiba Inu (SHIB), Chainlink (LINK), and Toncoin (TON). Related Reading: Bitcoin Still In Bull Market, On-Chain Indicator Confirms Below is the chart shared by the analytics firm that shows the trend in this metric for these....
The creator of Shiba Inu, who goes by the pseudonym “Ryoshi,” has chosen to be anonymous since the project first launched. While Ryoshi’s wallet addresses are speculated to control over 10% of all SHIB in circulation, the owner has never confirmed or denied holding it. Considering the uncertainty of who the true owner of Shiba […]