Here Are Number of Shiba Inu Millionaires at Current SHIB Price of $0.000016

Shiba Inu price recovery boosts the number of millionaires holding SHIB, with significant gains seen in whale portfolios.

Shiba Inu is recovering quickly from the recent downturn that almost added a zero to the coin’s value. As of press time, Shiba Inu is up 3% today, trading at $0.00001632. Today’s uptrend has improved SHIB’s weekly performance, which is now in the green.

While SHIB remains down significantly by 24% on the monthly chart, the holdings of whales and retail investors are gradually improving.

Shiba Inu Millionaires at Current Price

Notably, at its current price of $0.00001632, Shiba Inu millionaires hold at least a portfolio of 62 billion SHIB tokens. According to data from the analysis platform IntoTheBlock, 1,580 wallets currently hold between $100,000 and $1 million in SHIB. Cumulatively, these SHIB holders control a collective net worth of over $600 million.

Meanwhile, those with a portfolio worth $1 million to $10 million in Shiba Inu now number 880 addresses. Remarkably, these holders command a massive portfolio collectively worth over $3 billion.

For those holding above $10 million, IntoTheBlock shows just 75 addresses in this category. Interestingly, despite their smaller number, their collective worth exceeds $13 billion.

Notably, as of two weeks ago, the number of addresses in this millionaire threshold was slightly higher. For instance, those holding $1 million to $10 million numbered 905 wallets, while those above this range totaled 93 addresses.

The reduction follows Shiba Inu’s price dip to $0.0000123 in the first week of February, with holders cutting their losses by selling some of their holdings. Nonetheless, with Shiba Inu’s price rebounding by over 32% from its low, whales’ holdings are gradually improving.

Wallets with 1 Million SHIB Holdings

On the retail side, those holding 1 million to 10 million SHIB tokens now number over 572,000 addresses. However, in dollar terms, these 572,000 wallets hold an average of only $16 to $162 in SHIB.

Meanwhile, about 494,000 wallets hold fewer than 1 million SHIB tokens. This large pool of SHIB wallets (0 to 10 million) cumulatively possesses 2.14 trillion tokens worth $37 million.

The third-largest tier of SHIB wallets is those holding between 10 million and 100 million tokens. IntoTheBlock data shows 303,000 addresses in this range, collectively holding $159 million worth of SHIB.

Ultimately, these statistics show that only a handful of addresses fall within the millionaire threshold. Despite their density, the overwhelming majority make up a smaller fraction of the Shiba Inu holder spectrum.