Whopping 324.7 Million Shiba Inu (SHIB) Burnt in Last 24 Hours

• The owner of the “BlueWhale0073” wallet acquired 191,883,317,886 Shiba.
• Shiba Inu has been down 27.78% in the last 24 hours.

The Shiba Inu community has transferred 324.7 million SHIB to dead wallets in the last 24 hours, according to a tweet from the @shibburn platform, which tracks SHIB burn transfers via Etherscan. These addresses keep tokens in a locked state, preventing them from being spent or withdrawn ever. By @shibburn’s estimations, there are now 324,735,210 Shiba Inu buried in dead wallets, making the second-largest meme cryptocurrency tougher to obtain.

Shibburn Leading the Charge

After a total of 27 transactions, this outcome was attained. The biggest one was produced by Shibburn, which delivered 123,456,789 canine tokens to a dead wallet. Over the last 24 hours, millions of tokens have been permanently withdrawn from the circulating supply, with a burn rate increase of 338.20 percent compared to 70 million tokens.

One of the biggest Ethereum whales has purchased yet another enormous quantity of SHIB, according to the WhaleStats crypto analytics portal. The “BlueWhale0073” wallet holder purchased Shiba worth 191,883,317,886 in the last 24 hours. At the transaction time, the value is estimated to be worth $3,098,915. The same whale, rated 210th by WhaleStats, acquired another enormous chunk of this currency on May 10. 311,816,880,855 Shiba – almost twice as big as the previous one was acquired.

The whale “Bombur,” which purchased 60,606,002,938 SHIB, also participated. The whale now has $20,781,068 in Shiba Inu tokens in its wallet. On May 9th, this whale added 56,946,679,217 SHIB to its hoard. According to CMC, the Shiba Inu price today is $0.000012 USD with a 24-hour trading volume of $1,471,496,446 USD. Shiba Inu has been down 27.78% in the last 24 hours.