Heres How Many Shiba Inu Holders That Hold SHIB Worth $1M or More
The number of Shiba Inu millionaires has continued to decline as the price of SHIB struggles under bearish pressure.Today, Shiba Inu registered another 4.2% dip, worsening its recent price performance. For context, at the current value of $0.00001254, those who have been holding Shiba Inu for over a year are facing an astonishing 56% loss.This significant bearish performance has impacted the number of Shiba Inu millionaires. Notably, SHIB millionaires, at the current price of $0.00001254, hold approximately 80 billion tokens.Shiba Inu Addresses Holding SHIB Worth $1M or MoreAccording to data from IntoTheBlock, 1,470 addresses are holding a Shiba Inu portfolio worth between $100K and $1 million. These wallets control $533.63 million in SHIB, representing a dip of $67 million from the collective net worth of $600 million in February.Similarly, addresses with a balance worth between $1 million and $10 million in Shiba Inu currently total 799. These wallets hold around 175 trillion tokens, worth approximately $2.2 billion.Last month, this tier of SHIB holders featured 880 addresses, with their portfolios valued at over $3 billion.Meanwhile, wallets with balances exceeding $10 million in Shiba Inu have dwindled to just 62. In February, there were 75 wallets with over $10 million in SHIB.The notable decline in Shiba Inu millionaire addresses closely mirrors the dip in its price over the past month. At its current value of $0.00001250, Shiba Inu has fallen by 23% on the monthly chart.
Text source: The Crypto Basic
