Almost the previous 48 hours, over 700 million Shiba Inu coins have been burned. Meanwhile, an Ethereum billionaire has amassed a staggering quantity of SHIB—241.3 billion tokens.
At the time of writing, with a 24-hour trading volume of $1,757,942,338 USD, the SHIB price today is $0.000027 USD. In the last 24 hours, Shiba Inu has lost 1.03 percent of its value. With a live market cap of $15,023,457,014 USD, Bitcoin is currently ranked is 15 on CoinMarketCap.
The Community Destroyed 707M Shiba Inu
According to the aforementioned SHIB tracker, a total of 404,393,504 SHIB tokens have been removed from circulation in the last 24 hours by being relocated to unspendable crypto addresses or destroyed.
In just one transaction, a 400 million lump of coal was burnt. Earlier, Shibburn tweeted that 303.6 million Shiba Inu were sent to “incinerator wallets” the day before.
As a result, the total amount of SHIB burned in the last two days is around 707 million SHIB.
The “Gimli” whale Purchases a Total of 404.3B SHIB Inu
The owner of the “Gimli” wallet has collected 421,370,420,624 Shib Inus. This wallet is named after one of the main characters in J.R.R. Tolkien’s epic fantasy novel “The Lord of the Rings,” and it is ranked 11th on WhaleStats’ scale of ETH investors.
The whale purchased this vast quantity of SHIB in two transactions, the first of which was for 271,370,420,624.152 SHIB. A short time later, another SHIB purchase—this time for 150,000,000,000 tokens—was made. This investor has purchased a total of $11,313,795 worth of meme coins.
According to the page of his wallet on WhaleStats, the investor appears to have liquidated all of his SHIB holdings by now. At the time of writing, this wallet holds $3,720,011,780 in ETH-based tokens, with Meta being the most valuable.
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