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Single Wallet Burns 76M Shib, While Shiba Inu Becomes Top Purchased Crypto Among ETH whales

Altcoins

thecryptobasic.com 26 September 2022 13:45, UTC
  
Reading time: ~3 m

Burning and whale buying for Shiba Inu continue.

Shiba Inu (SHIB) made its way to the list of “Top Purchased Cryptocurrencies” among the 500 biggest ETH Whales as the Burn rate for the most popular canine-themed cryptocurrency skyrockets over 800% in the past 24 hours.

The dedicated SHIB Burn Project, Shibburn.com, recently reported that Shiba Inu Community set fire to a total of 128,699,420 (128.69M) in 8 separate transactions in the past 24 hours.

In the past 24 hours, there have been a total of 128,699,420 $SHIB tokens burned and 8 transactions. Visit https://t.co/t0eRMnyZel to view the overall total of #SHIB tokens burned, circulating supply, and more. #shibarmy

— Shibburn (@shibburn) September 26, 2022

Travis Johnson’s SHIB Super Store and one of the mysterious wallets destroyed a record 125,041,092 (125.04M) SHIB in two separate transactions and are recognized as Top SHIB Burner of the Day. As a result, SHIB Burn Rate skyrockets 800.48% over the last day.

SHIB Burn Rate 1
SHIB Burn Rate

Travis Johnson’s SHIB Super Store Weekly Burn Event:

As usual, SHIB Super Store, an individual SHIB Burn initiative owned by Travis Johnson, organized its Weekly Burn Event on Sunday, September 25th, 2022.  Through this event, the SHIB Super Store put a match to 48,551,598 (48.55M) SHIB, worth about $531 in one significant transaction.

Burn!

48.5M
($548)

Bringing us to 187M this month! Slightly beating last month!

Most of this was accomplished through Bricks Buster, but Amazon is doing great! I appreciate all of the support!

Visit https://t.co/d0goxr6sys for all ways to burnhttps://t.co/6yFD0v3NrB pic.twitter.com/cFGbDUgcBJ

— SHIB Super Store (@shib_superstore) September 25, 2022

Mysterious Wallet Burned 76.48 Million SHIB:

Further adding fuel to the fire, the Mysterious wallet turned 76,489,494 (76.48M) SHIB to ashes while sending them to the “inferno” addresses in one staggering transaction.

By taking a deep look into the Wallet, Etherscan.io reveals that the individual continues to contribute towards SHIB Burning for the past couple of months and already has burned millions of SHIB tokens through various transactions. However, the Mysterious Wallet still holds 383,752,124 (383.75M) SHIB.

Mysterious Wallet SHIB Burns
Mysterious Wallet SHIB Burns

The data indicate that SHIB Army could expect a few more SHIB Burn transactions from this wallet shortly.

Shiba Inu (SHIB) Becomes Biggest ETH Whales’ Favorite in the Past 24 Hours:

The blockchain data tracking website, WhaleStats recently reported that Shiba Inu led its way to become one of the top purchased cryptocurrencies among the 500 biggest ETH Whales in the past 24 hours.

JUST IN: $SHIB @Shibtoken now on top 10 purchased tokens among 500 biggest #ETH whales in the last 24hrs 🐳

Peep the top 100 whales here: https://t.co/tgYTpOm5ws

(and hodl $BBW to see data for the top 500!)#SHIB #whalestats #babywhale #BBW pic.twitter.com/KO0DIlaEOF

— WhaleStats (tracking crypto whales) (@WhaleStats) September 26, 2022

According to WhaleStats, the 500 Biggest ETH Whales combined are now holding a whopping $136,934,389 ($136.93M) Worth of Shiba Inu in their wallets.

🐳 The top 500 #ETH whales are hodling

$136,934,389 $SHIB
$87,063,007 $BIT
$55,198,707 $UNI
$51,345,636 $LINK
$48,691,485 $MKR
$40,158,028 $LOCUS
$39,797,215 $MANA
$39,452,131 $CHZ

Whale leaderboard 👇https://t.co/tgYTpOm5ws pic.twitter.com/yabh7J7J3T

— WhaleStats (tracking crypto whales) (@WhaleStats) September 25, 2022


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