\n<\/p>\n
\n\t\t\t\t\t\t\t\t\tWallets with tiny balances make up the clear majority of the holder base.\t\t\t\t\t\t\t\t<\/p>\n<\/p><\/div>\n
The most recent data show that the self-proclaimed Dogecoin killer has almost 1.7 million holders. However, less than 1,000 wallets own the vast majority of the supply: a concentration hard to ignore and which raises eyebrows.<\/p>\n
Shiba Inu\u2019s price has been in a major decline over the past several months, yet some analysts believe a rebound could be on the way while certain factors support their bullish outlook.<\/p>\n
Earlier this month, the total number of SHIB addresses reached<\/a> an all-time high of 1,676,535 after a sudden one-day increase of 75,000 new holders. The figure kept climbing and currently stands at 1,678,502.<\/p>\n According to Etherscan, nearly a million of those are investors known as shrimps: wallets holding up to $10 worth of the meme coin. The second-largest group is crabs (477,871), who own between $10 and $100 in SHIB. Coming up next are fish, dolphins, and sharks.<\/p>\n Interestingly enough, there are only 703 whales (addresses that hold more than $100K worth of the token each). They make up only 0.04% of the total figure but control staggering 94.5% of Shiba Inu\u2019s supply.<\/p>\n Such an extreme concentration means that theoretically a small group of investors could move the market with their actions. A coordinated sell-off, for instance, could lead to a substantial price crash, while sudden accumulation might have the opposite effect.<\/p>\n As of press time, the token is worth around $0.000004235 (per CoinGecko), translating into a massive 72% decline on a yearly scale. X user CRYPTO SHERIFF noted<\/a> that the asset has been consolidating below a 5-year downtrend, arguing that it is in \u201ca critical stage\u201d which could actually be a precursor to a huge pump.<\/p>\n \u201cThere is an unwritten rule in crypto: the longer the consolidation lasts, the bigger the breakout! <\/span>SHIB<\/span> is at a critical stage! Unless there is a market downturn in the coming days, we could see a new rally for SHIB,\u201d they stated.<\/span><\/p>\n<\/blockquote>\n The declining amount of tokens stored on exchanges reinforces the bullish scenario. According to CryptoQuant, there are now approximately 86.2 trillion SHIB held on centralized platforms, a new five-year low that typically reduces immediate selling pressure.<\/p>\n At the same time, there are some warning signs. X user SHIBMortal said<\/a> that analysts have spotted a 91% match between SHIB\u2019s recent performance and the 2023 bearish pattern, which could lead to a 20% drop to the $0.0000032\u2013$0.0000033 range.<\/p>\nSHIB at a \u2018Critical Stage\u2019<\/h2>\n
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![<\/a>SHIB Exchange Reserve, Source: CryptoQuant<\/figcaption><\/figure>\nAt the same time, there are some warning signs. X user SHIBMortal said<\/a> that analysts have spotted a 91% match between SHIB\u2019s recent performance and the 2023 bearish pattern, which could lead to a 20% drop to the $0.0000032\u2013$0.0000033 range.<\/p>\n\nSPECIAL OFFER (Exclusive)<\/span><\/center>\nLIMITED OFFER for CryptoPotato readers at Bybit: Use this link<\/a> to register and open a $500 FREE position on any coin!<\/b><\/div>\n<\/div>\n<\/p><\/div>\n\nSource link <\/a><\/p>\n","protected":false},"excerpt":{"rendered":" Wallets with tiny balances make up the clear majority of the holder base. The most recent data…\n","protected":false},"author":2,"featured_media":45697,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[13],"tags":[],"class_list":["post-45696","post","type-post","status-publish","format-standard","has-post-thumbnail","category-crypto","cs-entry","cs-video-wrap"],"_links":{"self":[{"href":"https:\/\/financialrush.com\/index.php?rest_route=\/wp\/v2\/posts\/45696","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/financialrush.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/financialrush.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/financialrush.com\/index.php?rest_route=\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/financialrush.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=45696"}],"version-history":[{"count":0,"href":"https:\/\/financialrush.com\/index.php?rest_route=\/wp\/v2\/posts\/45696\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/financialrush.com\/index.php?rest_route=\/wp\/v2\/media\/45697"}],"wp:attachment":[{"href":"https:\/\/financialrush.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=45696"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/financialrush.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=45696"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/financialrush.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=45696"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}](\"https:\/\/cryptopotato.com\/wp-content\/uploads\/2026\/07\/SHIB-Exchange-Reserve-1.png\"){kind=link}