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Upbit holds $284M in Shiba Inu, becoming the largest SHIB holder among exchanges.

Market News
11 Nov 2026, 15:47 WIB
UToday
View Source
Bullish
Upbit holds $284M in Shiba Inu, becoming the largest SHIB holder among exchanges.

South Korea's largest crypto exchange, Upbit, has accumulated $284 million worth of Shiba Inu (SHIB), making it the biggest SHIB holder among exchanges. Despite the ongoing crypto market downturn, Upbit increased its SHIB holdings to 64.16 trillion tokens as of November 2026. This accumulation positions Upbit as a major player in the SHIB ecosystem, surpassing other large holders like Robinhood. The SHIB burn address remains the largest holder overall, holding about 41% of the total supply. Upbit's strong SHIB reserves indicate its significant exposure to the meme token amid market volatility.

As of Nov 11, 2026 21:02 WIB, SHIB trades on Pluang at Rp0,0806 with a 1-day gain of 0.76%. The token's market cap on Pluang stands at Rp47,67 trillion, supported by a circulating supply of approximately 589.2 trillion SHIB. Buy orders slightly exceed sell orders at 51%, reflecting steady interest in SHIB amid its significant holdings by major exchanges like Upbit.

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