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HomeCrypto NewsMarketMysterious Wallet Burns Whopping 519 Million Shiba Inu In Single Transaction, 1.12B...

Mysterious Wallet Burns Whopping 519 Million Shiba Inu In Single Transaction, 1.12B In Total Since Birth

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Mysterious User Burned a Whopping 519.45 Million Shiba Inu (SHIB) In Single Transaction.

Over 573.94 Million Shiba Inu (SHIB) have been burned in 24 hours; 519.45 Million in one significant transaction by an unknown user.

According to, Shiba Inu Community has sent 573,944,829 (573.94M) Shiba Inu to dead wallets through 31 separate transactions in the past 24 hours.

During the specified period, the mysterious wallet contributed the major part of the burn sending a whopping 519,456,549 (519.45M) SHIB to the “inferno” address in one noteworthy transaction, reports.

Upon investigation, TheCryptoBasic found that the mysterious wallet came into existence on 16th November 2021. Since its inception, the unidentified wallet has burned a total of 1,121,623,326 (1.12B) Shiba Inu in three separate transactions.

mysterious wallet burning 519m shiba inu

According to, the first SHIB Burn transaction from this wallet was recorded on June 13th, 2022. This first transaction, from the anonymous user, incinerated a total of 149,999,999 (149.99M) Shiba Inu.

The mysterious user performed the second SHIB Burn transaction on July 16th, through which 452,166,778 (452.16M) SHIB were taken out of circulation.

And on July 18th, 519.4 M Shib were destroyed. In total, the wallet has burnt 1.12B Shiba Inu so far.

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Zabi is crypto enthusiastic with more than 10 years of experience in managing Google News-approved Finance websites. Zabi has a strong background in finance with a thorough understanding of cryptos and a solid grip on the crypto and financial market industry. Along with his passion for crypto writing, Zabi manages his personal stock and finance-related Google News-approved websites.


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