5.3 Billion Shiba (SHIB) Burned in July Whales Flock

According to data shared by Shibburn, which tracks Shiba Inu (SHIB) burnings, more than 5.3 billion SHIBs were burned in July.

shibburn According to information from the website, the last 7 per day 613.214.213 Total number of SHIB burned since July when SHIB was burned from 5.3 billion it was a little more. A large portion of the 5.3 billion SHIB burned is in the incineration accounts. destruction while a small portion is sent to dead wallet addresses. transfer was done.

April 2022 It is expected that the burning movement started on the date will increase the value of Shiba, and thus rise. So much so that the first with the highest balance two thousand In total in the hands of the Ethereum whale 660 million dollar Shiba Inu’s.

Studying the movements of Ethereum whales from Whalestats According to the data received, the largest two thousand whales are in the hands of Ethereum and from stablecoins The second highest-volume token after Shiba Inu is seen.

The Shiba Inu seems to meet expectations. july at the end of the month 13% watched above, although the burns seem to have had an effect on the Shiba 5.3 billion Shiba only 66,780 equivalent to dollars. Experts say that the tokens are more in the Shiba burns of the whales. confidence in their potential they state.

source site-9