Upbit-linked wallets' DOGE and SHIB balances valued at approximately $1.1 billion
Original headline업비트 연계 지갑 DOGE·SHIB 잔고 평가액 약 11억달러
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Upbit-linked wallets classified by Arkham hold roughly $1.1 billion in combined DOGE and SHIB, making the two meme tokens the exchange’s largest holdings after bitcoin, ether, and solana. The figure reflects the dollar value of tokens sitting in the wallets rather than trading volume, so it does not by itself show net inflows or buy/sell activity over any period. Arkham’s clustering also does not prove actual ownership or the purpose of the addresses. The data matters as a snapshot of how much retail-favored meme-token exposure sits on South Korea’s largest exchange. Watch for changes in the DOGE and SHIB balances over time and for any revision to Arkham’s address clustering.
Muhabbit's AI wrote this summary in its own words from TokenPost's report and translated it from Korean. It can get details wrong, so check the source.
Named in this story
Dogecoin (DOGE), Upbit, Shiba Inu (SHIB), Arkham
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