A mysterious wallet that surfaced on the 23rd of August has reportedly destroyed 309.50 Million SHIB in two days and 97.54 Million in the past 24 hours and according to the website that monitors the Shib burn, a whopping 168,824,571 Shiba Inu (SHIB) tokens have been sent to the “inferno” addresses.
An August Born Mysterious Wallet Initiated A Massive Burn
According to Etherscan.io data, a mysterious wallet came into existence on the 23rd of August, 2022 has sent a total of 309,501,863 (309.50M) SHIB in 6 separate transactions into the dead wallet.
According to the data, the mysterious wallet burned a whopping 97,548,042 SHIB tokens in two transactions over the past 24 hours.
And also on the 23rd of August, the mysterious wallet destroyed a total of 111,635,927 SHIB in just two separate transactions.
More also, two transactions were initiated on the 24th of August by the wallet and claimed 100,317,894 SHIB from circulation, this makes the total burn by the mysterious wallet to be 309.50 million since its inception.
Another burn was recorded by Shibburn.com which claimed 168,824,571 Shiba Inu (SHIB) tokens in 13 separate transactions over the past 24 hours, making the total burn to be 410,378,316,599,084 which represents almost 41.037% of the previous supply of 1 quadrillion.