More than 197.79 million in the last week Shiba Inu (SHIB) burning took place. A mysterious wallet destroyed a massive 85,860,036 (85.86 million) meme coins in a single transaction on the last day of the week.
In the last 7 days, there have been a total of 197,799,286 $SHIB tokens burned and 27 transactions. #shibarmy
— Shibburn (@shibburn) November 6, 2022
Shibburn.com reports that the Shiba Inu community processed 27 burns in the past week, burning a total of 197,799,286 (197.79 million) meme coins. reported. This is slightly higher than last week when only 104,490,257 (104.49 million) SHIBs were removed from circulation in 33 separate transactions.
Meme Coin Burn Details
On the last day of the week, the mystery wallet burned 85,860,036 (85.86 million) of meme coins in a single transaction. carried out. The transaction was reported by Shibburn.com.
However, SHIB Super Store permanently removed a total of 32,584,181 (32.58 million) SHIBs in a significant transaction using the SHIB Burn Portal during its Weekly SHIB Burn Event on Monday, October 31, 2022.
Burn!
32.5M SHIB gone forever
($389)Most through Bricks Buster, with an honorable mention to Amazon
Not the best week we have had, since SE game has released numbers are down about 50%Remember all 19 ways to burn through me are at https://t.co/d0goxr6sys
Make Nov. great! pic.twitter.com/DyJxPqrZLP
— SHIB Super Store (@shib_superstore) October 30, 2022
The community-led startup labeled “1Cent token” burned 22,432,755 (22.43 million) meme coins in a remarkable transaction.
SHIB Intake from Giant Whale
Koinfinans.com As we reported, big Ethereum whales continue to buy Shiba Inu. Etherscan.io reports that the largest ETH whale has received 168,226,457,605 (168 billion) meme coins in six separate transactions in the past 24 hours.
The deep pocketed ETH trader became active about 14 hours ago. Whale interacted with one of the Binance wallets labeled “Binance 15” in the first place, adding 100,200,366,053 (100.20 billion) SHIB to its portfolio in two separate transactions. The whale did not stop there and continued to buy afterwards. You can see the details of these purchases below.
The major ETH investor currently owns a huge amount (403,376,023,871 SHIB) of meme coins worth 4,804,208 ($4.80 million).
You can follow the current price action here.
Disclaimer: What is written here is not investment advice. Cryptocurrency investments are high-risk investments. Every investment decision is under the individual’s own responsibility. Finally, Koinfinans and the author of this content cannot be held responsible for personal investment decisions.