Although the exchange's Shiba Inu reserves have reached a historical low, another key indicator has soared—the burn rate.

According to the Shibburn report, the daily burn rate of SHIB has surged by 49,552% in the past 24 hours, with 13.29 million SHIB permanently removed from circulation. A single whale burned 12.13 million SHIB in one transaction.

Just a few days ago, another major burn resulted in 503.3 million SHIB being destroyed, with a single transfer of 459.3 million SHIB pushing the burn rate up by 27,660%.

As exchange reserves shrink and burning increases, SHIB holders are turning to cold storage while actively reducing supply. If demand remains, these trends could enhance SHIB's long-term value.

For potential recovery, tracking whale activity is more crucial than ever. An increase in inflows may signal that SHIB's market has bottomed out, making it an attractive "buy the dip" opportunity. #BNBChainMeme热潮