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Here’s Number of SHIB Millionaires At Current Price

Here’s Number of SHIB Millionaires At Current Price

Timestabloid2023/07/14 16:00
By: By Solomon Odunayo
TON+1.20%SHIB+2.48%

The recent uptick in Shiba Inu’s price has resulted in a significant increase in high-value portfolios. The digital asset is trading at $0.00001681, up 4.61% from yesterday and 10.6% from last week.

The cryptocurrency demonstrated notable resilience boasting a quick recovery after the market fell in early February. Although it has not regained its January highs, its recovery has made new millionaires in the community, and anyone who buys in early could join this club as the price rises.

Distribution of Major SHIB Holdings

Analysis from IntoTheBlock reveals a concentrated distribution of wealth among SHIB holders. The platform’s data indicates that around 1,720 digital wallets currently maintain holdings valued between $100,000 and $1 million, representing a combined value of almost $660 million in SHIB tokens.

More notably, 903 addresses control portfolios ranging from $1 million to $10 million, with their collective holdings at approximately $3.1 billion. The most substantial SHIB portfolios, those exceeding $10 million in value, belong to 96 addresses.

These 96 elite holders command an impressive combined portfolio worth approximately $14.27 billion. To achieve millionaire status at the current SHIB price point of $0.00001681, investors must maintain a minimum holding of about 59.5 billion SHIB.

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Recent Changes in Shiba Inu Whale Portfolios

Shiba Inu has seen a notable whale activity in 2025, and those who were smart enough to accumulate tokens have gained significantly over the past week. The landscape of major SHIB holdings has experienced some notable recent fluctuations.

In mid-January, the ecosystem supported 966 wallets in the $1 million to $10 million range, while 168 addresses held positions exceeding $10 million.

This reduction was likely caused by selloffs during the tumultuous start of February. Now that the price is recovering, whales are flocking back into the ecosystem, looking to gain whatever they can before the price rises further.

Shiba Inu (SHIB) Retail Investor Landscape

The retail segment of SHIB holders presents a markedly different picture. The largest group has 560,420 addresses holding between $10 and $100 worth of SHIB. An additional 387,240 wallets hold between $100 and $1,000, and only 14,580 wallets hold between $1,000 and $100,000.

This landscape might change even further in the coming months. XRP is already pricing out retail investors and if SHIB keeps rising, it might do the same, leaving only early investors and whales in the ecosystem.

Disclaimer: This content is meant to inform and should not be considered financial advice. The views expressed in this article may include the author’s personal opinions and do not represent Times Tabloid’s opinion. Readers are urged to do in-depth research before making any investment decisions. Any action taken by the reader is strictly at their own risk. Times Tabloid is not responsible for any financial losses.

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Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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