so, who is the largest SHIB hodler ?
Who holds the most Shiba Inu Coin?
The largest holder of Shiba Inu Coin is a dead wallet created by Ethereum ‘s co-founder Vitalik Buterin. When SHIB inaugural launched, it gave 50 % of its full circulation to Buterin as part of its marketing. however, in May 2021, Buterin burned 410,241,996,771,871 SHIB by sending it to a dead address, effectively removing 41 % of the entire SHIB circulation. This was deserving over $ 7.3bn on the day of the transaction. In a note, Buterin said :
I’ve decided to burn 90 per cent of the remaining Shiba tokens in my wallet. The remaining 10 per cent will be sent to a (not yet decided) charity with similar values to cryptorelief (preventing the large-scale loss of life) but with more long-term orientation.
Buterin besides said that holding onto the SHIB in his public wallet was “ never an option ” .
For security reasons alone they would have to be moved to a better wallet eventually, and any transaction I make would get interpreted as an action. So … may as well do the useful thing immediately.
much of the SHIB holdings are kept in wallets belonging to cryptocurrency exchanges, such as Crypto.com, Huobi, and Binance.
The second-largest SHIB address belongs to an anonymous investor who holds 70 trillion SHIB – some 7 % of circulation. This is presently worth $ 1.96 billion. SHIB followers on Reddit have speculated about the identity of this wallet as share of their whale watch efforts. Some suggest that as the address acquired a significant amount of SHIB near its formation, it could be one of the Shiba Inu founders. however, SHIB ‘s collapse – Ryoshi – may disagree .
How much Shiba Inu does Ryoshi hold?
Shiba Inu Coin ‘s founder has maintained that they do not own arsenic much SHIB as people would think. In a web log post, Ryoshi stated :
Even as the Shiba Token “mooned” I got many messages like “ryo, you must be a billionaire now, haha” but the reality is still to this day I own 0 SHIB. Why? Well if I did, then I can’t be who I am and for now I know that I have a role to play. I can’t be pure and unbiased if I am worried about price up and down and taking profits. (don’t worry, the great Shiba will reward me in other ways i guess)
Ryoshi ‘s identity remains strange. This statement means that unlike bitcoin ‘s founder Satoshi Nakamoto, who owns over 1,000,000 BTC, Ryoshi is not among the SHIB whales. READ MORE: Shibarium Blockchain: Shiba Inu Coin Layer-2 Is The Next Step For SHIB [ visualize by Executium/Unsplash ]