Single Wallet Burns 8.49M Shiba Inu, 14M in 24 Hours.
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.
In the past 24 hours, there have been a total of 14,137,016 $SHIB tokens burned and 7 transactions. Visit https://t.co/t0eRMnyZel to view the overall total of #SHIB tokens burned, circulating supply, and more. #shibarmy
— Shibburn (@shibburn) December 16, 2022
As a result, Shiba Inu’s burn rate jumped by 371.23% compared to the last day.
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.
— Shibburn (@shibburn) December 15, 2022
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).
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.