Over the past week, over 152.4 million SHIB tokens have been burned by various Shiba Inu teams, including businesses and individuals.
@shibburn tracker has reported that in the past week, the SHIB army has destroyed another substantial amount of Shiba Inu meme cryptocurrency.
SHIB Army burns another massive mass of Shiba Inu
Shiba Inu enthusiasts continue to send large amounts of their favorite cryptocurrency to dead wallets in order to reduce the initial circulating supply of a quadrillion coins and thus drive up the price of SHIB.
According to the recent tweet posted by the @shibburn Twitter account which accumulates all SHIB burn data from etherscan on its website, over the past seven days, SHIB enthusiasts have incinerated a combined 152,439,298 meme tokens inspired by the Shiba Inu dog breed. It took the community forty-six transactions to do that amount of SHIB.
This amount of crypto is worth $3,777.
On Saturday, U.Today reported that in the past four days, the SHIB community had burnt a total of 112.46 million tokens. Overall, 457,137,064 SHIB worth $11,273 have been so far destroyed by the SHIB burning business represented on Twitter by the @317_key account.
12.8 million SHIBs disappeared in the last 24 hours
The @shibburn mentioned above also shared that in the last twenty-four hours a total of 12,850,424 SHIBs have been cremated in nine transfers.
This sum in SHIB is the equivalent to approximately $320.
SHIB is back on the list of top whale farms
Data aggregator WhaleStats has announced more good news for Shiba Inu. In the past twenty-four hours, SHIB has returned to the list of top ten digital currencies held by the largest Ethereum whales.
According to the data on the WhaleStats website, SHIB is on the third spot, following FTX Token (FTT). The average amount of Shiba Inu held by the biggest 1,000 ETH investors totals 54,046,266,992. This comprises $1,295,522,185 and 15.02 percent of the whales’ portfolio.
As for the FTT held by these whales, their reserve of this token equals 17.65% worth $1,522,032,199.
Earlier, WhaleStats reported that another meme token – Floki Inu (FLOKI) – was on the list of the biggest crypto holdings of ETH whales.
