The Shiba Inu community is abuzz with controversy as claims surface regarding the ownership of large SHIB wallets. Some individuals have stated they control high-value addresses, raising worries about potential market volatility if these wallets are used for large-scale sales. But here’s what you need to know! 🔍🐕
🔹 Shiba Inu Lead Debunks Ownership Claims:
Shytoshi Kusama, Shiba Inu's lead developer, recently took to X (formerly Twitter) to set the record straight!
Kusama urged the community to exercise caution and debunked the idea that anyone outside of known exchanges holds these massive SHIB wallets.
He challenged the claimants to prove their ownership by sending a specific amount of SHIB from the wallet in question, ensuring transparency and preventing misinformation. 🕵️♂️💼
📢 Kusama's Message: "If someone claims to own these billion-dollar SHIB wallets, they should provide clear proof before misleading the community." ⚠️
🔹 Large Shiba Inu Holders - Facts to Know:
According to Arkham Intelligence, the top 11 largest SHIB holders are exchanges like Binance, Upbit, Crypto.com, Robinhood, BitGo, and OKX. These wallets primarily hold SHIB on behalf of their users, not individuals.
Top 20 SHIB Holders include six addresses that are not tied to exchanges, each holding 5 trillion SHIB tokens, representing around 5% of the total circulating supply.
These six addresses received their tokens back in November 2021 from another address, sparking speculation about their true owners.
🤔 Community Concerns:
The prolonged inactivity of these large SHIB wallets (nearly three years!) has triggered discussions about the identity and intentions of their holders.
If these tokens were to move, it could potentially impact the SHIB market, but for now, Kusama’s response aims to calm fears and restore confidence.
🔥 Stay Cautious! As the community remains on alert, it's essential to rely on facts and avoid falling for unverified claims that could shake up the market.
📉 Current Situation:
Despite the rumors, Shiba Inu continues to hold strong, with no major moves from these wallets affecting the market—yet.
⚠️ Disclaimer:
This content is for informational purposes only and should not be considered financial advice.
👉 What do you think about these large SHIB wallets? Are they a threat or a sleeping giant? Comment your thoughts below! 💬
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