One Wallet Burns 26 Million Shiba Inus, 31 Million in a Day, and 163 Million in a Week



In the previous week, over 163.75 million Shiba Inu (SHIB) were removed from circulation, and 31.19 million were removed in the previous day. 26 million Shiba Inu were burned using several transactions from a single wallet.


In the previous week, fifty different transactions totaling a massive 163,759,136 (163.75M) SHIB were transferred to the "inferno" addresses by the Shiba Inu Community-led burn initiatives.

In the previous 24 hours, the mysterious wallet burned the most Shiba Inu tokens. In the last 24 hours, the wallet spent 26 million Shiba Inu in seven different transactions.


The anonymous wallet handled the day's largest burn transaction, according to the information given by Etherscan.io, around 11 hours before to press time. The wallet delivered a sizeable 10,400,000 (10.40M) SHIB to the null address in the aforementioned transaction.