Data shared by the public blockchain tracker Shibburn reveals a substantial imbalance that has struck the second-largest meme cryptocurrency over the past week, as millions of SHIB coins have been moved and locked into dead-end wallets.
93% surge in SHIB burn imbalance
The aforementioned on-chain data source has reported that, over the past seven days, the Shiba Inu community has managed to dispose of an impressive 22,652,982 SHIB coins. This has resulted in a 93.01% surge in weekly SHIB burns.
The largest SHIB chunks transferred to unspendable blockchain wallets contained 9,800,976 SHIB; 2,663,204 SHIB and several lumps of around one million meme coins or slightly more.
HOT Stories SEC Blames Tech Failures for Loss of Nearly Year of Gensler’s MessagesXRP and ETH Will Never Flippen Bitcoin, Rochard Says Bitcoin (BTC): Extreme Reversal Pattern Painted, Ethereum (ETH): This is Bad News For Rally, Solana (SOL): Forget $300?Regulatory Certainty for Crypto Front and Center on SEC's Agenda
HOURLY SHIB UPDATE$SHIB Price: $0.00001212 (1hr -0.12% ▼ | 24hr -2.99% ▼ )
Market Cap: $7,144,742,555 (-2.91% ▼)
Total Supply: 589,247,711,901,150
TOKENS BURNT
Past hour: 195 (1 transaction)
Past 24Hrs: 2,392,378 (-84.79% ▼)
Past 7 Days: 22,652,982 (93.01% ▲)
As for weekly burns, the rate has plunged by 84.79%, with 2,392,378 SHIB coins torched — 1,136,833 and 1,176,958 Shiba Inu being the largest SHIB lumps that were burned today.
On Thursday, as reported by U.Today, the daily SHIB burn rate demonstrated four-digit growth, rising by 6,354%, according to the Shibburn website.
You Might Also Like
Thu, 09/04/2025 - 14:33 Key Shibarium Use Cases Shared by SHIB TeamByYuri Molchan
Shibarium surpasses 1.5 billion transaction milestone
Meanwhile, the layer-2 network, Shibarium, continues to grow in terms of activity. Shibariumscan shows that by now the total amount of transactions on this blockchain has surpassed 1.5 billion and stands at 1,566,353,213.
However, the number of daily transactions has faced a drastic crash, having fallen from 4.07 million on Aug. 23 to merely 20,190 today.
The number of blocks that have been generated on it total 12,911,597, while there are a staggering 272,017,872 wallets connected to Shibarium right now.
免责声明：本文章仅代表作者个人观点，不代表本平台的立场和观点。本文章仅供信息分享，不构成对任何人的任何投资建议。用户与作者之间的任何争议，与本平台无关。如网页中刊载的文章或图片涉及侵权，请提供相关的权利证明和身份证明发送邮件到support@aicoin.com，本平台相关工作人员将会进行核查。
