SHIB Expands With 24,000 New Wallets While Whales Hold Firm

Cover image via U.Today Disclaimer: The opinions expressed by our writers are their own and do not represent the views of U.Today. The financial and market information provided on U.Today is intended for informational purposes only. U.Today is not liable for any financial losses incurred while trading cryptocurrencies. Conduct your own research by contacting financial experts before making any investment decisions. We believe that all content is accurate as of the date of publication, but certain offers mentioned may no longer be available. Shiba Inu recently saw one of its strongest daily growth periods in weeks, culminating in a total of 24,000 addresses created in a seven-day timeframe. Advertisement In a recent tweet, Shiba Inu-focused X handle Shibizens revealed that April 27 saw strong daily growth, causing a weekly increase to a total of 24,000 new wallets. Shiba Inu is seeing increased interest, surpassing 1.5 million in unique addresses. Retail demand has increased, but whale positioning stays steady. HOT Stories XRP vs. BTC Price Comparisons Are Useless: Ripple Vet Schwartz, Binance Announces Big Tech Listing of AMD and Qualcomm, Bitcoin Targets $96,000 as Institutions Buy 500% of Supply - Morning Crypto Report Crypto Regulation 2026: What Is Happening in Russia? SHIB ON-CHAIN REPORT | April 27 – May 4, 2026 Market Overview 🟧 SHIB crosses a major adoption milestone while exchange activity remains active but balanced. Retail demand surged while whale positioning held steady. 1. Holder Milestone SHIB reached 1,584,275 unique addresses,… pic.twitter.com/RmxtN1MLXi — Shibarium | SHIB.IO (@Shibizens) May 4, 2026 According to data shared by Shibizens , Shiba Inu now boasts 1,584,275 unique addresses, with an increase of 1,100 to 10,000 daily. This stabilized at 1,050 new holders per day in the past week. Advertisement The top 100 wallets still hold about 61% of Shiba Inu supply, excluding burn. This shows whales are holding while retail is entering. You Might Also Like Thu, 04/30/2026 - 09:09 Inside the 95 Trillion Shiba Inu Coin Wallet: Massive 800 Billion Transfer Sparks New Ryoshi Identity Speculation By Gamza Khanzadaev Advertisement Binance holdings slightly increased to about 82.1 trillion SHIB , Robinhood remains stable at nearly 54 trillion SHIB, while Crypto.com showed outflows toward cold storage. Towards the weekend, Shiba Inu lead ambassador Shytoshi Kusama had a discussion with the crypto community. The message touched on how everyday systems are framed. Barcodes, global trade networks, food supply chains, digital marketplaces, and AI platforms are not isolated tools but rather layers of a single, interconnected infrastructure. Shorts get crushed in crypto market The recent move in the market caught bears on the wrong side, leading to significant short liquidations. A total of $453 million was liquidated in crypto positions across the market over the past 24 hours, affecting 110,552 traders, according to CoinGlass data . Of that total, $308.98 million came from short positions. You Might Also Like Sat, 05/02/2026 - 14:50 Shiba Inu Faces $0 Liquidation Dilemma as Traders Exit Positions By Tomiwabold Olajide Shorts were liquidated nearly three times as much as longs (at $144 million), indicating that bearish positioning was dominant ahead of the move. They were caught offside as the rally forced them to unwind positions at a loss. The squeeze is the second of its kind in two weeks, as a similar incident on April 18 wiped out $593 million in shorts. At the time of writing, SHIB was down 0.66% in the last 24 hours to $0.000006167 as the market saw profit taking after the move higher. #Shiba Inu (SHIB) News #Shiba Inu