Over 100 Million Shiba Inu tokens have been burned
According to Shibburn Twitter, over 100 million Shiba Inu have been sent in two transactions to be burned in recent hours. This was done in batches of 49,896,943 and 49,927,430 SHIB, respectively. Meanwhile, the Shiba Inu burn rate was demonstrating a mild increase with 213,067,021 SHIB burned within the last 24 hours.
Over the past 24 hours, the 100 largest whales on the Ethereum chain have grabbed $17 million worth of Shiba Inu. This is equal to 1,291,793,313,069 Shiba Inu meme coins.
According to recent data, whales are now holding $119,787,272 in SHIB. This indicates that the top Ethereum investors have again sold a massive chunk of SHIB, this time worth $37.3 million.
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