26M SHIB Burnt In 24 Hours, 10M By a Single Wallet

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Just One Transaction Burns 21M Shiba Inu in 24 Hours
Just One Transaction Burns 21M Shiba Inu in 24 Hours

In the last 24 hours, over 26.24 million SHIB—including 10.36 million in a single transaction—have been permanently removed from circulation.

Every day, Shiba Inu Community continues to burn millions of tokens with dog-related themes. 

Shibburn.com recently disclosed that SHIB Army increased the burn rate to over 238.93% in the last 24 hours by sending 26,248,144 (26.24M) SHIB to the “inferno” addresses via five separate transactions.

The data further demonstrates that the surge in burn volume is due to the enigmatic wallet. 

About five hours after it started operating, the mysterious wallet destroyed a staggering 10,364,304 (10.36M) in one significant transaction.

410.38T SHIB is Now Locked in a Dead Wallet 

Following the burn, a herculean 410,382,320,191,699 SHIB are still locked in dead wallets (410.38T). One quadrillion Shiba Inu, or 41.0337% of the total supply, are currently locked in a dead wallet.

Shiba Inu’s total supply is currently 589,617,679,808,300 (589.61T), and there are presently 561,096,139,541,752 Shiba Inu in circulation (561.09T). The wealthy SHIB investors have staked the remaining 28,521, 540, 266, 548 (28.52T) SHIB in ShibaSwap.

Shiba Inu Burn

The Whales’ primary focus in addition to burning activities, the Whales’ primary focus is gathering Shiba Inu tokens. 

The largest Shiba Inu whale recently acquired a massive 205,815,302,436 (205.81B) SHIB for $2,506,829 ($2.50M) through two aggressive transactions.

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