SHIB Burn Imbalance Could Surge 93% as Shibarium Exceeds 1.5 Billion Transactions While Daily Activity Drops

SHIB burn imbalance surged 93% last week after on-chain tracker Shibburn recorded 22,652,982 SHIB moved to dead wallets, while Shibarium surpassed 1.5 billion transactions. This reflects intense community-led transfers and continuing layer-2 activity in the Shiba Inu ecosystem that impacts supply dynamics.

SHIB burn imbalance jumps 93% as Shibarium tops 1.5B transactions — read the latest SHIB burns, on-chain stats, and what it means for Shiba Inu.

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What is the SHIB burn imbalance and why does it matter?

SHIB burn imbalance measures the difference between SHIB tokens moved to dead (unspendable) wallets and the number of tokens actually recorded as burned. High imbalance indicates large transfers into dead addresses that may not reflect confirmed token burns, affecting perceived supply reduction.

How many SHIB were transferred to dead wallets this week?

On-chain tracker Shibburn shows 22,652,982 SHIB were moved to dead wallets over the past seven days. The largest single transfers included 9,800,976 SHIB and 2,663,204 SHIB, along with several transfers around one million tokens.

How many SHIB were actually burned this week?

Weekly confirmed burns dropped to 2,392,378 SHIB, an 84.79% decrease in burn rate despite the large transfers to dead wallets. Today’s largest burned lumps were 1,136,833 and 1,176,958 SHIB.

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Why did daily burn figures spike in reports?

Plain text reports from COINOTAG referenced a sharp daily burn rate surge of 6,354% on a given day. This spike likely reflects a timing mismatch between large transfers and recorded burn confirmations in public trackers.

Shibarium: When did it hit 1.5 billion transactions and what are the current activity metrics?

Layer-2 network Shibarium crossed 1.5 billion total transactions, reaching 1,566,353,213 transactions per Shibariumscan data. However, daily transactions have plunged from 4.07 million on August 23 to about 20,190 today.

Shibarium has produced 12,911,597 blocks and records roughly 272,017,872 connected wallets, indicating broad wallet-level engagement despite recent drops in daily transaction volume.

Summary table: Transfers vs Burns

Frequently Asked Questions

How does a transfer to a dead wallet differ from a burn?

A transfer to a dead wallet moves tokens to an address with no known private key. A confirmed burn updates token supply records. Transfers can inflate apparent burns until a burn event is validated by trackers.

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