Half Billion SHIB Destroyed, But Burn Rate Drops 27%: Report

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Half Billion SHIB Destroyed, But Burn Rate Drops 27%: Report
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SHIBarmy burns 525 million Shiba as whales buy $200 million worth of $SHIB. shibburn WhaleStats

According to WhaleStats on-chain data service that is focused on tracking the 100 largest wallets on Ethereum, Polygon and other chains, over the past 24 hours, Ethereum whales have added roughly $200 million worth of Shiba Inu to their holdings..

Now, as per the main page of the WhaleStats website, this figure has grown to the equivalent of $833,034,530 in Shiba Inu.Image viaAt the time of writing, the 16th largest crypto, Shiba Inu, is sitting at $0.0000115 after a 6.65% drop over the past 24 hours. Currently, the meme coin is 86.93% below its historic peak of $0.00008, reached seven months ago in October.

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