The Shiba Inu ecosystem is showing strong momentum across multiple fronts. On-chain data published by @Shibizens, the official X account managed by Shibarium admins and moderators, reveals notable growth in wallet numbers, long-term holding behavior, and token burns. The latest update paints a picture of an expanding retail base combined with tightening supply dynamics.
Holder Count Crosses 1.55 Million With Steady Monthly Growth
As of March 25, the total number of SHIB holders stands at 1,558,200. The network has been adding between 8,500 and 12,000 new wallets each month. The @Shibizens report describes this as “steady growth,” noting that wallet activity is “slightly up” and that wallets are “not idle.” This signals that new participants are not simply accumulating and disappearing. They are engaging with the token.
The retail sector is clearly driving this expansion. Consistent monthly inflows of new wallets suggest that grassroots interest in SHIB remains intact, even amid broader market uncertainty. This level of organic growth is a key indicator for any asset looking to build lasting community support.
The concentration of supply at the top level deserves attention. The top ten SHIB wallets collectively hold 62.65% of the circulating supply. The largest single holder is the burn wallet, which contains 410,433,152,500,723 SHIB, equivalent to 41.04% of the total supply. The remaining concentration sits with major exchanges including Bybit, Robinhood, Binance, and Crypto.com, alongside prominent crypto whales.
Long-Term Holders Surge 78% as Exchange Supply Contracts
One of the more striking data points in the @Shibizens report is the 78% increase in long-term holders over the past year. This shift reflects a maturing investor base. Holders are choosing to retain their SHIB rather than trade it short-term. That behavioral change typically reduces selling pressure and tightens available supply over time.
Reinforcing this trend, the amount of SHIB held on crypto exchanges has dropped to approximately 80.9 trillion tokens. The report attributes this decline to large holders withdrawing significant quantities of SHIB from trading platforms. When supply moves off exchanges and into private wallets, it generally signals reduced intent to sell. This is a bullish on-chain signal widely followed by crypto analysts.
The SHIB burn rate recorded a sharp spike over the past hour. According to data from the Shibburn portal, the burn rate surged 633.37%. A total of 16,234,914 SHIB was removed from the circulating supply during this period.
At the time of writing, Shiba Inu trades at around $0.00000619, up 1.31% in the last 24 hours.
