Details of the "circulating supply" of SHIBA INU (SHIB token) on the SHIB/USDT pair, taken from Binance. Here are some key points from the image:
There is a list of wallets holding large amounts of SHIB.
The addresses on the right side represent non-circulating wallets, meaning they are not typically used for trading and may belong to the project team or smart contract vaults.
There is a box labeled "Burning" that indicates the wallets to which the tokens have been sent for burning (i.e., permanently removed from circulation):
Wallet 0x0000...dead contains approximately 47 trillion SHIB.
Wallet 0xdead...942069 contains approximately 410 trillion SHIB.
This indicates that a large amount of SHIB has been burned, reducing the overall supply to increase scarcity and value. #BinanceAlphaAlert
