Half Billion SHIB Destroyed, But Burn Rate Drops 27%: Report - Aliens: AI Crypto News & Markets Updates
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Half Billion SHIB Destroyed, But Burn Rate Drops 27%: Report

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U.Today

Tue, May 24, 2022

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As reported by burn tracking platform Shibburn, over the past 24 hours, a staggering sum of Shiba Inu has been locked up in unspendable wallets by various members of the global SHIB army.

As reported by U.Today, a day before, a mind-blowing 22 billion SHIB had been burned over the past seven days, and 667 million canine tokens were locked in unspendable wallets permanently within 24 hours.

According to WhaleStats on-chain data service that is focused on tracking the 100 largest wallets on Ethereum, Polygon and other chains, over the past 24 hours, Ethereum whales have added roughly $200 million worth of Shiba Inu to their holdings.

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