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HomeCrypto NewsMarket14M Shiba Inu Burnt in 24 Hours As Wallet Holding 334B Shib Burns 8.49M Coins

14M Shiba Inu Burnt in 24 Hours As Wallet Holding 334B Shib Burns 8.49M Coins

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Single Wallet Burns 8.49M Shiba Inu, 14M in 24 Hours.

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Over 14.13 Million SHIB burned in the past 24 hours, 8.49 Million in a single transaction, and 80.39 Million in the last five days.

Shiba Inu’s burn rate jumped 371% as the Community burned over 14.13 Million SHIB in the past 24 hours. The mysterious wallet holding 333.82 Billion SHIB burned 8.49 Million SHIB in a single transaction.

Shibburn.com recently reported that the SHIB Army collectively had put a match to a total of 14,137,016 (14.13M) SHIB through seven separate transactions in the past 24 hours.

As a result, 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
Shiba Inus Burn Rate Surges 371 Percent Over the Last Day
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The significant burn transaction of the day is performed by the mysterious wallet holding 333.82 Billion SHIB. The mysterious wallet removed a whopping 8,495,098 (8.49M) SHIB from circulation forever in a single transaction performed about 9 hours ago from press time.

Etherscan.io data reveals that the mysterious wallet is one of the notable investors of Shiba Inu as it still holds a staggering 333,826,144,153 (333.82B) SHIB, worth $2,984,405 ($2.98M).

The Mysterious Wallet Holding 33382 Billion SHIB Burned 849 Million SHIB
The Mysterious Wallet Holding 33382 Billion SHIB Burned 849 Million SHIB

Total SHIB Burned Since December 12, 2022:

Since December 12th, the Shiba Inu Community incinerated a total of 80,394,970 (80.39M) SHIB through 29 separate transactions. The biggest SHIB Burn in the past five days was recorded on December 13th when a humungous 42,842,867 (42.84M) SHIB was sent to the “inferno” addresses through six separate transactions.

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Zabi
Zabi
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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