South Korea's largest cryptocurrency exchange, Upbit, has expanded its Shiba Inu holdings to 64.16 trillion SHIB, valued at about $284 million at current prices, according to blockchain intelligence firm Arkham Intelligence. The data, dated November 11, 2026, shows the tokens are held in wallets labeled as belonging to Upbit.
The holdings place Upbit among Shiba Inu's largest holders and make it the largest SHIB-holding entity among the companies tracked in the data. The figures come as the broader crypto market remains in a prolonged downturn.
Reserve audit and comparison
An August 2026 audit confirmed that Upbit's SHIB reserves exceeded user liabilities, according to recent reports cited in the data. Arkham's platform also lists other large companies with substantial SHIB holdings.
- Robinhood's largest cold wallet holds about 39.27 trillion SHIB, worth about $174.37 million at the current price, or about 3.93% of SHIB's supply.
- The SHIB burn address remains the largest holder overall, with about 410.44 trillion SHIB, or about 41.04% of total supply.
Upbit's position
Despite the market downturn, Arkham data indicates that Upbit appears to have continued accumulating SHIB. The exchange's SHIB balance is larger than Robinhood's largest cold wallet, while the burn address remains ahead of all holders.
