It shows a massive increase in the Shiba Inu burn rate, with more than 130 million meme coins being sent to dead-end wallets. Most of this SHIB was burned in a single impressive transfer.
Meanwhile, the Shiba Inu price has attempted to rise since Wednesday, adding more than 3 percent to its value. Immediately afterwards, there was a decrease of 2.31 percent and the overnight growth disappeared.
130 million SHIB sent to dead wallets
According to Shibburn's website, the combined efforts of the SHIB military since yesterday morning have helped destroy a total of 130,529,064 SHIBs. This figure seems pretty impressive, but actually this amount of SHIB is only worth $961. This has helped increase the SHIB burn rate by a staggering 317.41 percent. An interesting fact is that almost all of these Shiba Inu coins were burned in a single move – 100,776,829 SHIB were sent to a non-spendable blockchain address approximately 22 hours ago. The anonymous whale that burned so many coins still has 5,190,837,391 SHIB.
Shiba Inu breast coins left in wallet
The next largest transaction carried 12,894,064 SHIB. According to Shibburn, a piece worth 100,000,000 coins was also burned yesterday.
Shibarium sees inflow of new wallets Shibariumscan explorer shows that in the last 24 hours, the Layer-2 blockchain, built by the SHIB team and launched during the Blockchain Futurist Conference in Toronto on August 15, has seen inflow of more than 30,000 affiliated wallet addresses.
Unlike the total number of transactions on Shibarium, the number of wallets is slowly increasing and currently stands at 1,250,052. As for the overall number of transactions, it reached 2,995,779 today and perhaps will reach 3,000,000 by the end of this week.
At the time of writing, the number of daily transfers on Shibarium is 43,885; This metric has been moving in this range throughout the past week after reaching a major peak of 200,900 transactions in September.
Every transaction made in Shibarium makes its own contribution to Shiba Inu cremations, thanks to the developers' scheme where they set aside a portion of the gas fees paid in BONEs, and when a certain amount of BONEs is collected, they convert it and send it to non-spendable wallets.
According to a new tracking service launched by the Shibburn team, 0.512012141389 BONE has been accumulated in Shibarium transactions so far.
