When it comes to Shiba Inu token holdings, Ethereum founder Vitalik Buterin stands unmatched. Holding over 500 trillion SHIB tokens—half the total supply—in a "dead wallet," his ownership dwarfs all other investors. This massive stash originated from a gift by SHIB creator Ryoshi, who allocated 50% of the initial supply to Buterin.
The Impact of Buterin’s SHIB Holdings
In May 2021, Buterin executed two pivotal actions:
- Burned 410 trillion SHIB (sent to an inaccessible dead address).
- Donated 10 trillion SHIB to an Indian COVID relief fund.
These moves permanently reduced SHIB’s circulating supply by 41%, creating artificial scarcity that fueled SHIB’s historic 8,600% price surge later that year.
👉 Discover how token burns affect crypto prices
Who Holds the Second-Largest SHIB Wallet?
With Buterin’s tokens effectively out of circulation, the runner-up owns 42 trillion SHIB—still substantial but a fraction of Buterin’s original holdings. The wallet’s owner remains anonymous, though speculation points to early SHIB adopters or investor groups.
SHIB’s Current Market Status
As of the latest data:
- Price: $0.00001061
- Circulating Supply: Shaped heavily by Buterin’s 2021 burn.
FAQs
Q: Can Vitalik Buterin access his “dead wallet” SHIB?
A: No—the 410 trillion burned tokens are permanently locked and unusable.
Q: How did Buterin’s actions affect SHIB’s price?
A: The drastic supply reduction triggered scarcity-driven demand, contributing to SHIB’s 2021 bull run.
Q: Is the second-largest SHIB wallet linked to the dev team?
A: No confirmed ties exist; ownership remains private.
👉 Learn more about meme coin economics
Key Takeaways
- Vitalik Buterin holds the largest SHIB stash (500 trillion initially).
- His 2021 token burn critically impacted SHIB’s supply and value.
- The second-largest wallet (42 trillion SHIB) belongs to an unknown entity.
For real-time SHIB price updates and market trends, explore trusted crypto analysis tools.
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