SHIB Burn Rate Springs High as Tens of Millions of Shiba Inu Pushed out of Circulation

.SHIBburn rate goes up, while this investor keeps buying hundreds of billions of ShibaInu. WhaleStats

army has managed to get rid of a substantial amount of SHIB, pushing the Shiba Inu burn rate over a hundred percent higher than it was yesterday.

In the meantime, while some continue to push the circulating supply of SHIB to shrink, whales keep purchasing massive chunks of it.Shibburn has reported that over the past day, 20,227,583 Shiba Inu have beenin three transactions. So far, this amount of burned SHIB tokens falls behind those that were seen earlier this month. However, compared to yesterday, the burn rate has gone up by almost 148%.

In general, over the past seven days, the SHIB army has succeeded in burning 285,334,229 SHIB in total.

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