Shiba Inu whale transaction volume increased by 600%

On July 1, 2025, the burning rate of Shiba Inu cryptocurrency dropped to 0%, while at the same time, the whale transaction volume skyrocketed to an incredible 600% to 24 trillion #SHIB . Today, the statistics on SHIB token burning show zero activity; however, at the same time, 23,767,887 tokens were sent to dead wallets, creating confusion around the deflationary mechanism of the meme coin.

Analytics panel of Shiba Inu transactions.

The token burning rate reached such an unprecedented level on the Shibburn tracking platform, which did not account for 23 million SHIB in seven separate transactions, with the largest burns including 5,654,684 SHIB and 100,000 SHIB. The 600% increase in transaction volume indicates that large holders are repositioning, despite the bearish price movement of 3.56%.

The current price movement of Shiba Inu reflects mixed signals, as technical indicators show bearish momentum, while network indicators reflect renewed institutional interest. The contract between stagnant prices and explosive whale transactions often precedes significant volatility.