Astounding amount of Shiba Inu has been moved to new wallet, while SHIB price is up 6.40%
were transferred to new wallets as well. One of them was withdrawn from the Bitvavo crypto exchange, however.According to data provided by the Shibburn wallet tracker, the SHIB burn rate has dropped by 90% over the span of the last 24 hours. Still, the Shiba Inu community succeeded in burning 102,973,224 SHIB.
This was achieved after 17 transfers of Shiba Inu coins to unspendable wallets, with the biggest transfers moving 18,507,183 SHIB; 15,735,793 SHIB; 13,999,721 SHIB and 11,888,836 SHIB. On Aug. 22, the SHIB army managed to burn more than one billion Shiba Inu, with the burn rate pushed up by 1,000%, as reported by U.Today. That was almost half of what has so far been burned over the last week; 1,984,511,125 SHIB has been destroyed within seven days overall.
Meanwhile, since yesterday, SHIB has demonstrated a rise of 6.40% after declining by 27% since last Tuesday.
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