diff --git a/src/modules/wallets/__tests__/wallet-holdings.integration.test.ts b/src/modules/wallets/__tests__/wallet-holdings.integration.test.ts
index 51b3e90..f813f6a 100644
--- a/src/modules/wallets/__tests__/wallet-holdings.integration.test.ts
+++ b/src/modules/wallets/__tests__/wallet-holdings.integration.test.ts
@@ -104,6 +104,36 @@ describe('GET /wallets/:address/holdings', () => {
       });
    });
 
+   it('returns a holding with zero value when its creator has no price snapshot', async () => {
+      const holding = makeHolding({
+         creator_id: 'new-creator',
+         creator_handle: 'new-creator-handle',
+         key_count: '5',
+         current_price: null,
+         total_value: '0',
+      });
+      jest
+         .spyOn(walletHoldingsService, 'fetchWalletHoldings')
+         .mockResolvedValue([[holding], 1]);
+
+      const req = makeReq({ address: VALID_ADDRESS });
+      const res = makeRes();
+      const next = makeNext();
+      await httpGetWalletHoldings(req, res, next);
+
+      expect(next).not.toHaveBeenCalled();
+      expect(res.status).toHaveBeenCalledWith(200);
+      const body = res.json.mock.calls[0][0];
+      expect(body.data.items).toContainEqual(
+         expect.objectContaining({
+            creator_id: 'new-creator',
+            key_count: '5',
+            current_price: null,
+            total_value: '0',
+         })
+      );
+   });
+
    it('returns 200 with empty items for a wallet with no holdings', async () => {
       jest
          .spyOn(walletHoldingsService, 'fetchWalletHoldings')
diff --git a/src/modules/wallets/wallet-holdings-price-snapshot.integration.test.ts b/src/modules/wallets/wallet-holdings-price-snapshot.integration.test.ts
index ec542b7..0ec2e89 100644
--- a/src/modules/wallets/wallet-holdings-price-snapshot.integration.test.ts
+++ b/src/modules/wallets/wallet-holdings-price-snapshot.integration.test.ts
@@ -1,7 +1,7 @@
 // Integration test: wallet holdings total value recalculated after price snapshot update (#470)
 //
 // Covers: total_value and current_price reflect the current price snapshot,
-// both update correctly when the snapshot price changes, null when no snapshot exists,
+// both update correctly when the snapshot price changes, zero value when no snapshot exists,
 // and multi-holding aggregation is correct.
 // Uses Jest mocks — no database required.
 
@@ -83,13 +83,14 @@ describe('Holdings total_value recalculated after price snapshot update', () =>
       expect(updatedItems[0].total_value).not.toBe(initialTotalValue);
    });
 
-   it('current_price and total_value are null when no snapshot exists for the creator', async () => {
+   it('returns zero total_value when no snapshot exists for the creator while preserving quantity', async () => {
       mockPrisma.creatorPriceSnapshot.findMany.mockResolvedValue([]);
 
       const [items] = await fetchWalletHoldings(WALLET_ADDRESS);
 
       expect(items[0].current_price).toBeNull();
-      expect(items[0].total_value).toBeNull();
+      expect(items[0].total_value).toBe('0');
+      expect(items[0].key_count).toBe('5');
    });
 
    it('total_value is computed per-holding when wallet has multiple holdings', async () => {
diff --git a/src/modules/wallets/wallet-holdings.service.ts b/src/modules/wallets/wallet-holdings.service.ts
index 05eedcd..30b7fbc 100644
--- a/src/modules/wallets/wallet-holdings.service.ts
+++ b/src/modules/wallets/wallet-holdings.service.ts
@@ -74,9 +74,11 @@ export async function fetchWalletHoldings(
          const rawPrice = priceMap.get(row.creatorId) ?? null;
          const currentPrice = rawPrice !== null ? rawPrice.toString() : null;
          const totalValue =
-            rawPrice !== null && row.balance !== null
-               ? (Number(row.balance) * Number(rawPrice)).toString()
-               : null;
+            rawPrice === null
+               ? '0'
+               : row.balance !== null
+                 ? (Number(row.balance) * Number(rawPrice)).toString()
+                 : null;
          return {
             creator_id: row.creatorId,
             creator_handle: handleMap.get(row.creatorId) ?? null,