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

Crypto exchange Upbit holds roughly $1.1 billion in Dogecoin and Shiba Inu, making the two memecoins its largest asset holdings behind Bitcoin, Ethereum, and Solana, according to on-chain analytics firm Arkham.

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

South Korean cryptocurrency exchange Upbit holds approximately $1.1 billion in Dogecoin (DOGE) and Shiba Inu (SHIB), according to on-chain intelligence platform Arkham. Arkham reported that Upbit holds $819.80 million in DOGE and $284.15 million in SHIB, ranking the two tokens as the exchange's largest individual holdings behind Bitcoin, Ethereum, and Solana.[3][1][2][4]

Arkham's entity dashboard places Upbit's total on-chain book at more than $22 billion across 13 blockchain networks and 2.7 million tracked addresses. A breakdown of the exchange's portfolio lists top holdings of roughly 189,966 BTC valued at $14.12 billion, 1.615 million ETH valued at $3.39 billion, and 13.187 million SOL valued at $1.12 billion. Following those major assets, Upbit held 11.766 billion DOGE and 64.134 trillion SHIB, ahead of other tracked tokens such as Ondo and Chainlink.[3]

Arkham's token balance history shows Upbit's SHIB reserves increasing from low levels in early 2023 to more than 64 trillion tokens by late 2026. Reporting by BSCNews noted that Upbit holds roughly 64.16 trillion SHIB worth around $285 million in exchange-tagged wallets, and cited an August 2026 audit that confirmed Upbit's SHIB reserves exceeded user liabilities.[3][2]

Key facts

  • Arkham data shows Upbit holds approximately $1.1 billion combined in Dogecoin ($819.80 million) and Shiba Inu ($284.15 million).
  • DOGE and SHIB are Upbit's largest holdings after Bitcoin, Ethereum, and Solana.
  • Upbit's overall on-chain portfolio is valued at more than $22 billion across 13 chains.
  • Arkham's portfolio dashboard records Upbit holdings of 11.766 billion DOGE and 64.134 trillion SHIB.
  • An August 2026 audit confirmed Upbit's SHIB reserves exceeded its user liabilities.

Sources · 4 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. BS

    BSCN@BSCNewsPost on X ·

    Upbit Holds a Massive Shiba Inu Stash South Korea's largest crypto exchange holds approximately 64.16 trillion $SHIB, per Arkham data. The stash is worth roughly $285 million at current prices. The tokens sit in wallets labeled as belonging to Upbit. An August 2026 audit confirmed its SHIB reserves exceeded user liabilities.

    Open source
  3. 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
  4. 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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