Shiba Inu Supply Controlled by Tiny Elite

The Shiba Inu (SHIB) token's distribution is heavily skewed towards a small set of large wallets, controlling nearly 94.49% of its circulating supply as of July 2026.

A mere 0.04% of the total number of holders possess these wallets, which collectively hold an estimated value of $2.36 billion.

The top ten largest wallets control approximately 61.3% of the entire circulating supply, with five primary addresses aggregating around 57% or roughly 565 trillion units.

This concentration of supply has significant implications for market microstructure, including reduced available liquidity and increased implicit transaction costs for institutional participants.