According to the recent development shared by Etherscan.io, it is noting that the Shiba Inu whale that occupies the 7th position accumulates a total of 290,821,132,449 (290.82B) SHIB, worth 2,951,834 ($2.95M) to her wallet through six separate transactions in the past 24 hours.
Whale Accumulates Over 290 Billion
The report noted that the giant whale became active less than 24 hours ago, spending $32,699 to accumulate 3,221,668,737 (3.22B) SHIB in two separate transactions. After that, the Whale went on adding 184,611,797,681 (184.61B), 100,588,022,736 (100.58B), 131,387,656 (131.38M), 2,268,255,639 (2.26B) to her wallet in her third, fourth, fifth, and sixth transaction respectively.
It is worth noting that the giant whale’s holding has hit a 16,694,316,354,341 (16.69T) SHIB point after buying the whopping over 290 billion and its total hold is worth $169,948,140 ($169.94M).
Over 43M SHIB Is Burned In The Past 24 Hours
Aside from the massive accumulation by the whales, the Shiba Inu community led-burn initiatives continue reducing SHIB circulating supply as they burn Over 43,217,038 Million Shiba Inu SHIB in 24 hours, 30 Million SHIB in a single transaction.
Shiba Inu’s Burn Rate skyrockets 656.53% over the last day. At the time of writing, Shiba Inu is trading at the $0.00001007 point, surging 2.97% in the previous 24 hours.