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HomeCrypto NewsMarketMysterious Whale Burns 99 Million Shiba Inu (SHIB)

Mysterious Whale Burns 99 Million Shiba Inu (SHIB)


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Mysterious Wallet Burns 98.99 Million SHIB.

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The mysterious wallet sent 98,990,729 (98.99M) SHIB to a dead wallet in two separate transactions in the past 24 hours, Etherscan.io reports.

In the first transaction, the mysterious wallet burned 50,420,951 (50.42M) SHIB. After a few hours, the same wallet performed a second transaction and moved out another 48,569,778 (48.56M) SHIB tokens, sending them to the Shib burn address.

SHIB Burn 1
SHIB Burn 1

On the other hand, As reported by The Crypto Basic, the same mysterious whale just bought a whopping total of 52,470,888,570 (52.47B) SHIB, worth $756,630 in one significant transaction. The whale is currently holding 657,401,453,770 (657.40B) SHIB, worth $9,479,728 ($9.47M).

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24-Hour Burn:

The Community has burned over 110.48 Million Shiba Inu (SHIB) in the past 24 hours.

Shibburn.com reports that the Shiba Inu Community has sent 110,485,436 (110.48M) SHIB to the “inferno” addresses through 7 separate transactions in the past 24 hours.

Disclaimer: This content is informational and should not be considered financial advice. The views expressed in this article may include the author's personal opinions and do not reflect The Crypto Basic’s opinion. Readers are encouraged to do thorough research before making any investment decisions. The Crypto Basic is not responsible for any financial losses.



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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