This comes as huge amount of SHIB was deposited to dead wallets in recent hours
according to Shibburn Twitter 4,762,745,494 SHIB tokens were burned in July with 505 transactions. This comes as a significant amount of SHIB has been sent to Dead Wallet in recent hours.
The Shibburn tracker reports an astounding 6,645,872 SHIB sent to dead wallets in a single transaction in the last hour. Also, another 1,360,730 SHIB tokens burned in a single transaction were reported by the Shib burn tracker.
Meanwhile, over 216,487,142 SHIB tokens burned In the past 24 hours, and about five hours earlier, 32 transactions were reported by the Shib Burn Twitter account.
Expectations continue to increase for upcoming events
Shiba Inu has posted a mysterious video tweet on its official Twitter handle, stoking expectations. This is a sequel to that which was posted in the past week, which was instead an image of a game console.
The lead developer of Shiba Inu, shyotoshi kusamaThe video was accompanied by the teaser by posting a playside image with the caption “CCG get in position” giving an indication of what the surprise might be.
According to WhaleStats, Shiba Inu continues to smash ground-breaking milestones in its holder count, reaching over 1,216,000 holders. At the time of publication, the number of Shiba Inu holders was 1,216,316, per WhaleStats data.
top 500 eth Whales are also now “catching” SHIB worth $643,438,792. An analysis of the top 100 Shiba Inu holders by WhaleStats also showed that the average Shiba Inu balance has increased by 30.36 percent amid recent accumulations. The average SHIB price has also increased by 28.73% in the past day.
Shiba Inu was up 1.60% at $0.0000121 at the time of publication, according to CoinMarketCap.
