Upbit Wallets Hold About $1.1 Billion in DOGE and SHIB

Upbit-linked wallets hold about $1.1 billion in Dogecoin (DOGE) and Shiba Inu (SHIB) across 13 blockchain networks.

The wallets hold about 11.77 billion DOGE, valued at roughly $839 million, and roughly 64.16 trillion SHIB, valued at about $287 million. The dollar estimates use late-2026 prices.

Upbit’s August 2026 audit found that reserves of both assets exceeded user liabilities. The review recorded reserves and liabilities at a particular point in time, describing the exchange’s position then.

A separate internal move in July 2026 shifted 864 billion SHIB between Upbit’s own wallets as part of a rebalancing intended to improve liquidity. The transfer was a wallet movement rather than a market purchase or sale.