According to recent data shared on Crypto Twitter, around 200 million SHIB have been destroyed in the past week
According to Twitter user @shibburn, who regularly shares data from Etherscan related to burnt Shiba Inu tokens, over the past seven days, more than 196 million SHIB tokens have gone out of circulation.
Over 196 million SHIBs burned in the past week
In total, 196,308,991 SHIBs have been sent to the Shiba Inu address in the past week, according to a recent tweet by @shibburn. There were 55 transactions in this.
So far, a total of over 410 trillion Shiba Inu (a little over 41% of the supply) have already been burned in the first quarter of a quadrillion tokens.
There have been a total of 196,308,991 in the last 7 days. $SHIB Token burn and 55 transactions. #shibarmi
— shibburn (@shibburn) 9 January 2022
In the past eight hours, two transactions have been traced by Etherscan that took 2,256,803 Shiba Inu to a dead wallet, from which they will never be withdrawn or spent.
Every day, a significant amount of SHIB is caught on fire. Between January 9 and 10, a total of 13,493,759 SHIB tokens were burned.
Here’s How Much SHIB Holds The Top 1,000 ETH Wallets
Analysis collected by the WhaleStats platform shows that at the moment, the number of SHIB holders has reached a new record of 1,130,172.
However, even the biggest 1,000 Ethereum whales love SHIB and have enough of it. WhaleStats says they are storing 52,092,562,202,880 SHIB in their wallet, which is worth $1,496,273,214. This is 14.4% of their crypto holdings.
The FTX token is slightly higher, second only to Ethereum, and ETH accounts for 14.52% of the whale’s crypto wealth. Overall, the largest 1,000 ETH whales hold $1,506,665,200 worth of FTX tokens.
UNI is the most widely held token, and LINK is the most traded coin.
New Record: $SHIB Reaches an astonishing 1,130,000+ holders.
Current Holder Number: 1,130,172
There are 52,092,562,202,880 in the top 1000 ETH wallets $SHIB ($1,496,273,214 USD)
Source: https://t.co/keN3btSnKj#shib #sibsena
– WhaleStats – Top 1000 Ethereum Richlist (@WhaleStats) 10 January 2022
Whales buy another 6.5 billion SHIB
As reported by U.Today, on Saturday, the crypto whale made purchases of 6.5 billion SHIB within an hour. This made them two transactions: 4,085,088,583 SHIB from Binance and 2,533,125,045 SHIB from KuCoin exchange.
One of these whale wallets holds 367,052,255,525 SHIB, which is roughly equivalent to $10,839,053.