SHIB Army Burns 509 Million Shiba As Whale SHIB Holdings Drop Below 11%

Yuri Molchan

Half a Billion SHIB Locked In Dead Wallets As Investors Continue To Buy Massive Amounts Of This Meme Token


509 million Shiba burned“BlueWhale0073” buys 147 million Shiba

@Shibburn tracker has reported that an astonishing half a billion Shiba Inu meme coins have been burned and taken from circulating stock in the past 24 hours.

Meanwhile, the percentage of SHIB holdings in the top 100 ETH whale portfolio has fallen below 11 percent. At the time of writing, it amounts to $493.6 million.

509 million Shiba burned

In the past 24 hours, a total of 508,825,823 Shiba tokens have been destroyed – a result that only required 15 trades from the SHIB community.

The largest burn transaction here carried almost more than half of the total amount of the destroyed SHIB – 295,559,819 coins.


“BlueWhale0073” buys 147 million Shiba

According to the on-chain data platform @WhaleStats, Ethereum investor titled “BlueWhale0073” has once again stunned the community by making a massive SHIB purchase. He has bought 147,846,134,326 tokens worth $1,562,733.

On Friday, May 27, the same investor acquired a similar amount of meme crypto – 142,670,797,289 Shiba Inu tokens.

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