Issued block 48,279 — Jun 10, 2026

SLV

iShares Silver Trust • Robinhood Token

0x411efb0e7f985935daec3d4c3ebaea0d0ad7d89f

Factory issued

Supply20,901.6283

Holders8,469

Liquid pools1

Liquid pools

Close$51.51

On chain$1.08M

On chain

§ 01

The read

What the panels below say, in words, and an opinion on it

Constructive

Adoption

What the data says

Holders stand at 8,469, up 51 (+0.6%) over 7 days and up 568 (+7.2%) over 30.
On-chain supply is 20.9K shares, down 15% over 7 days and up 9.0% over 30 days (136.7K minted, 135.0K burned). The underlying closed at $51.51, down 14% over 30 days, which is the market's doing rather than the chain's. The supply is worth $1.08M on chain.
The ten largest wallets hold 78% of wallet-held value, down from 85% 30 days ago; whales ($100K+) hold 50%.
259 wallets a day moved the token over the last week, about the same as the week before.

What it means

Holders and on-chain supply are both rising: more shares are being brought on chain and spread across more wallets. That is the cleanest demand signal a stock token can show. The price is the underlying's business, not the chain's, so this reads as demand for the wrapper, not a call on the stock.

Concentration is falling as holders rise, so the largest wallets are the ones distributing. That caps rallies for now and leaves a wider base behind.

A mechanical read of this page over the last 30 days, not advice. The rules are fixed: holders against on-chain supply, then concentration, activity and liquidity where they add something. Only the numbers move.

§ 02

Over time

Holders by day, and what the supply was worth

Holders over time

Accounts holding a balance at each day’s end · 120 days · upper bound

8,469Now-0.0%24h+0.6%7d

On-chain value over time

SLV supply × the equity’s close · 120 days

$1.08MLatest-0.3%24h-18.1%7d

Issuance by day

SLV minted and burned · last 120 days

+20.9KNet+271.0Kminted−250.1Kburned

Active wallets

Wallets that sent or received SLV that day · 120 days

114Today-52.3%7d

§ 03

Holders

Top 100 of 8,469 accounts with a balance, and how the supply is spread.

Wallets by value · 8,457 wallets, $651.6K · at the 2026-10-16 close of $51.51 · pools and contracts excludedSnapshot 51m ago

Top 100 concentration95.03%Top 5 wallets: 69.57% · Top 10: 78.10%

Whale concentration49.60%Whales are 0.02% of wallets

Holder concentration

$651.6KWallet value

Top 1–5: 69.57%
Top 6–10: 8.52%
Top 11–25: 10.19%
Top 26–50: 4.20%
Top 51–100: 2.54%
Outside 100: 4.97%

Tier distribution

Tier	Wallets	% Wallets	% Value
Whale$100K+	2	0.02%	49.60%
Shark$10K–100K	5	0.06%	25.10%
Dolphin$1K–10K	29	0.34%	16.12%
Fish$100–1K	124	1.47%	5.52%
Crab$10–100	691	8.17%	2.71%
Shrimpunder $10	7,606	89.94%	0.95%

Wallet depth by threshold

≥ $10851

≥ $50251

≥ $100160

≥ $25090

≥ $50055

≥ $1K36

≥ $10K7

≥ $100K2

≥ $1M0

1101001K

Concentration over time · Top 10 wallets

Share of wallet-held value in the 10 largest wallets · 64 days

78.10%Now

In DEX pools39.51%v4 PoolManager + 8 pool contracts

Top 10 wallets47.26%of supply

Everyone else13.23%8,450 wallets

010x94bab9…afff9d4,017.627119.22%
020x2f4579…e54a072,288.988910.95%
030x9f736f…acf1ae1,069.36635.12%
040x7690ea…2eb969923.66864.42%
050x0ffedd…830a4a5002.39%
060xfac1d7…190f16348.38351.67%
070x8aeaca…7a1fbd299.99991.44%
080x7e6207…f2dc04170.41630.82%
090x76df63…ca7ec6140.28280.67%
100x9f79b9…7e052c119.01700.57%

All 100 largest holders, contracts included

#	Account	Balance	Share	Transfers
001	0x8cb787…3ecb3d Uniswap v3 pool SLV/USDG ↗	4,562.0869	21.83%	81,541
002	0x94bab9…afff9d	4,017.6271	19.22%	319
003	0x2f4579…e54a07	2,288.9889	10.95%	68,139
004	0x8366a3…e40951Uniswap v4 pools	1,652.3498	7.91%	397,313
005	0x48abc7…afd823 Uniswap v3 pool SLV/GLD ↗	1,569.6151	7.51%	40,633
006	0x9f736f…acf1ae	1,069.3663	5.12%	25,124
007	0x7690ea…2eb969

§ 04

Uniswap v4 pairs

What sits on the other side. A pool is a trading pair, not collateral.

#		Address	Pool id									Hook
001	SILVERBACK	0xcd8df…3b477	0x48382e…84062f ↗	4.80M SILVERBACK	$0.000011	$54.00	$11.3K	$9.3K	$104.21	+4.7%	0.00%	0xe5e7…e044	56,591,074

A paired token with the dot is indexed: it links to its own page with holders and holders over time. The rest are known by address and pool only.

Prices, liquidity, volume and change per DexScreener as of 2026-10-20 07:31 UTC, refreshed hourly. A pool DexScreener has not picked up shows its on-chain tick price and liquidity L instead; fees are always read from the chain.