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Arkham data shows Upbit holds $1.1 billion in Dogecoin and Shiba Inu

Cryptocurrency exchange Upbit holds roughly $1.1 billion in Dogecoin and Shiba Inu, making the two memecoins its largest asset reserves behind Bitcoin, Ethereum, and Solana, according to Arkham data.

Screenshot of an Arkham dashboard showing Upbit's cryptocurrency portfolio balances, including holdings in Bitcoin, Ethereum, Solana, Dogecoin, and Shiba Inu.
Image: @arkham

Cryptocurrency exchange Upbit holds approximately $1.1 billion in Dogecoin (DOGE) and Shiba Inu (SHIB), according to on-chain analytics firm Arkham. The exchange holds $819.80 million in DOGE and $284.15 million in SHIB, ranking them as its largest holdings behind Bitcoin (BTC), Ethereum (ETH), and Solana (SOL).[2][1][3]

Arkham's entity dashboard values Upbit's total on-chain book at over $22 billion across 13 blockchain networks. The exchange's leading assets include $14.12 billion in BTC (189,966 tokens), $3.39 billion in ETH (1.615 million tokens), and $1.12 billion in SOL (13.187 million tokens). Following those major assets, Upbit's portfolio lists 11.766 billion DOGE valued at $816.81 million and 64.134 trillion SHIB valued at $284.75 million, placing them ahead of holdings such as Ondo (ONDO) and Chainlink (LINK).[2]

Historical token balance charts tracked by Arkham show long-term accumulation trends for both tokens on the platform. Upbit's SHIB reserves rose from near zero in early 2024 to more than 60 trillion tokens by late 2026, while its DOGE reserves expanded steadily from 2021 levels to exceed 11 billion tokens.[2]

Key facts

  • Upbit holds approximately $1.1 billion combined in DOGE and SHIB, consisting of $819.80 million in Dogecoin and $284.15 million in Shiba Inu.
  • DOGE and SHIB represent Upbit's largest cryptocurrency holdings after Bitcoin, Ethereum, and Solana.
  • Upbit's overall on-chain portfolio is valued at more than $22 billion across 13 blockchain networks.
  • Upbit's top reserve assets include $14.12 billion in Bitcoin, $3.39 billion in Ethereum, and $1.12 billion in Solana.
  • Arkham's portfolio dashboard lists Upbit holding 11.766 billion DOGE and 64.134 trillion SHIB.
  • Arkham charts indicate Upbit's SHIB balance climbed from near zero in early 2024 to over 60 trillion tokens by late 2026, while DOGE holdings rose from 2021 to surpass 11 billion tokens.

Sources · 3 sources

  1. CN

    crypto.news@cryptodotnewsPost on X ·

    JUST IN: Upbit holds over $1.1 billion in $DOGE and $SHIB, Arkham data shows The exchange holds $819.8 million in DOGE and $284.15 million in SHIB, making them its largest holdings after $BTC, $ETH and $SOL. https://t.co/GaTzOJ2JEg

    Open source
  2. AR

    Arkham@arkhamPost on X ·

    Upbit's DOGE and SHIB holdings: $1.1B Upbit holds $819.80M of DOGE and $284.15M of SHIB, its largest holdings after BTC, ETH and SOL. Its full on-chain book is $22.17B across 13 chains. Look at token value charts to see which tokens are held by their users. What tokens will their users accumulate?

    Open source
  3. CB

    Crypto BriefingArticle ·

    Upbit holds about $1.1 billion in DOGE and SHIB across 13 chains Upbit's significant DOGE and SHIB holdings highlight the exchange's strategic liquidity management and competitive positioning in volatile markets. The post Upbit holds about $1.1 billion in DOGE and SHIB across 13 chains appeared first on Crypto Briefing .

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