Saturday, December 10

New Whale Accumulates Over 290 Billion SHIB In The Past 24 Hours, Shiba Inu Community Burns Over 43M, SHIB Spikes 2.97%

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

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.

Read Also: Terra Classic Performs Better Than BTC And ETH, Up By 4% Over The Last 24 Hours.

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.

Burn Rate

Read Also: NOWPayments Now Supports BONE ShibaSwap To Serve As A Payment Method For Merchants

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.


Follow us on Twitter, FacebookTelegram, and Google News

Share this:

Leave a Reply

Your email address will not be published. Required fields are marked *