Shib Army Burns 150M Shiba Inu, Number Of SHIB Holders Reaches To New High

Shibburn has reported that close to 149.6 million Shiba Inu SHIB/USD tokens have been destroyed and moved to unspendable wallets. 

In the last 48 hours, the most significant chunk of this, about 87 million SHIB, has been moved to dead wallets in a dozen transactions. 

In the past 24 hours, there have been a total of 87,574,132 $SHIB tokens burned and 12 transactions. Visit https://t.co/t0eRMnyZel to view the overall total of #SHIB tokens burned, circulating supply, and more. #shibarmy

— Shibburn (@shibburn) July 23, 2022

Before that close to 12,738,009, 18,875,469, and 30,614,624 SHIBs were burned respectively.

Also Read: Shiba Inu Community to Get Ownership Stake In Fast-Food Joint Welly

Last week, WhaleStats reported about the Shiba Inu community reaching a new milestone related to its number of owners.

It mentioned that the number of Shiba holders exceeded 1.2 million.

New Record: $SHIB reaches an astonishing 1,210,000+ holders.

Current Holder Count: 1,210,037

The top 1000 ETH wallets are holding 57,414,619,561,170 $SHIB ($658,535,219 USD)

Source: https://t.co/keN3btSnKj#SHIB #ShibArmy

— WhaleStats (free data on crypto whales) (@WhaleStats) July 20, 2022

On Friday, the “BlueWhale0159” obtained 150,000,000,000 Shiba Inu, worth $1,750,500 at the exchange time. 

Nearly one billion SHIBs were sent to dead wallets in May, the highest ever.

Price Action: On Sunday, Shiba Inu was trading at $0.00001176, up 1.91% in 24 hours.