112.46 million SHIB burned in the past 4 days, while this company burned 434 million in February

Yuri Molchan

Recent analysis data on SHIB shows that nearly 112.5 million SHIB have been burned in the past few days and 434 million have been destroyed so far this month

The @shibburn tracker reported on Twitter that nearly 112.5 million Shiba Inu tokens have been destroyed by various communities within the SHIB military since Wednesday.

In addition, a major SHIB burner has tweeted that nearly 435 million meme tokens have been burned so far in February.

Meanwhile, the SHIB is slowly recovering from today’s decline that followed a 17 percent high on Friday.

SHIB army burns 112.5 million SHIB in last four days

As reported by the @shibburn Twitter account, a total of 112.46 million SHIB has been destroyed since Wednesday. The tokens have been moved to several dead addresses which prevent anyone from taking tokens from them and neither. Similar technology is also being used for “burning” other cryptocurrencies.

The largest single SHIB chunks burned contained 44,444,444 SHIB, 10,000,000 SHIB, 25,500,000, and 11,111,111 SHIB tokens.

Source: sjibburn

This SHIB Burner Destroys 433 Million SHIB This Month

Twitter account @317_key which represents Travis Johnson SHIB burn games and regularly creates Shiba Inu burns has spread the word that they have managed to destroy $10,770 so far in February of the second largest meme token based on of market capitalization – Shiba Inu.

This is the equivalent of 433,924,254.

The company buys SHIB with a portion of its revenue from advertisements placed in smartphone games.

Later, the account posted an update to say that the final number of SHIB burned in February so far totals 457,137,064 tokens – that’s worth $11,273.

Whales continue to stock up on SHIB

As described by U.Today, two major Ethereum investors have acquired a total of 105.7 billion Shiba Inu. They bought 49.9 billion and 55.8 billion SHIB, according to WhaleStats’ data platform.

Those are Ethereum whales ranked 11 and 1 by WhaleStats.

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