Mysterious SHIB whale burnt to death 30.47 million Shiba Inu

The Shiba Inu community sent 31.97 million SHIB to the dead wallet within 24 hours. The mysterious SHIB whale wiped out 30.47 million SHIBs in a major destruction event.

The Shiba Inu community continues its efforts to increase the scarcity of SHIB tokens in circulation, collectively sending an additional 31.97 million SHIB tokens to dead wallets in four separate transactions over the past 24 hours.

In the past 24 hours, a total of 31978306 $SHIB Burn tokens and 4 transactions.access view total #SHIB Token destruction, circulation supply, etc. #shibarmy

– Shibburn (@shibburn) March 14, 2023

An unknown Shiba Inu Whale holding 8.84 billion SHIB tokens is responsible for the recent massive SHIB token burn activity. According to information provided by, the major SHIB holder made a large transaction approximately 12 hours ago, removing 30,472,946 SHIB worth $339.47 from circulation forever.

Unknown wallet burned 3.047 billion SHIB in a single transactionUnknown wallet burned 3.047 billion SHIB in a single transaction

Despite recent heavy burn activity, Shiba Inu’s overall Shiba Inu burn rate is down -94.69% compared to the previous day, when a staggering 602.6 million SHIB tokens were permanently removed from circulation in three separate transactions .

Shiba Inus burn rate down 94% in the past 24 hoursShiba Inus burn rate down 94% in the past 24 hours

Shiba Inu has made headlines for its advancements and developments beyond its destruction activities. Recently, it became the most talked about NFT project on Certik, surpassing major projects such as ApeCoin (APE), The Sandbox (SAND) and Decentraland (MANA). This major development comes shortly after the Shibarium public beta went live. Still, the team has yet to release Shibarium documentation that reportedly contains basic details on how to access the beta site.

Additionally, leading Web3 domain provider Unstoppable Domains has added support for Shiba Inu to its platform, allowing users to acquire Web3 domains using the popular canine-themed cryptocurrency.

Information source: compiled from THECRYPTOBASIC by 0x information.The copyright belongs to the author Zabi, and shall not be reproduced without permission

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