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HomeCrypto NewsIn 24 Hours, 14M Shiba Inu Burnt as Wallet Holder of 334B...

In 24 Hours, 14M Shiba Inu Burnt as Wallet Holder of 334B Burns 8.49M Coins

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8.49 million SHIB were burned in a single transaction, 14.13 million in the last 24 hours, and 80.39 million in the last five days.

As the community burned more than 14.13 million SHIB in the last 24 hours, Shiba Inu’s burn rate increased by 371%. 8.49 Million SHIB were burned in a single transaction by the enigmatic wallet that contained 333.82 billion SHIB.

According to a recent report from Shibburn.com, the SHIB Army as a whole had matched a total of 14,137,016 (14.13M) SHIB through seven different transactions in the last 24 hours.

Read more: 18M Shiba Inu Burnt in 24 Hours, 90M In a Week

Due to this, Shiba Inu’s burn rate jumped by 371.23% compared to the last day.

Shiba Inus Burn Rate Surges 371 Percent Over the Last Day

The anonymous wallet, which is in possession of 333.82 billion SHIB, executes the day’s most significant burn transaction. 8,495,098 (8.49M) SHIB were permanently removed from circulation by the mysterious wallet in a single transaction that took place roughly 9 hours earlier to publication time.

Read also: 44M Shiba Inu Burnt in a day;  Mysterious Wallet Burns 10M

333,826,144,153 (333.82B) SHIB, valued at $2,984,405 ($2.98M), are still held in the unknown wallet, according to Etherscan.io data, making it one of the significant investors in Shiba Inu. 

The Mysterious Wallet Holding 333.82 Billion SHIB Burned 8.49 Million SHIB

Total SHIB Burned Since December 12, 2022:

The Shiba Inu Community has burned a total of 80,394,970 (80.39M) SHIB since December 12th through 29 different transactions. On December 13th, a massive 42,842,867 (42.84M) SHIB was delivered to the “inferno” addresses over six different transactions, marking the largest SHIB Burn in the last five days.

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