According to the ShibBurn, Shiba Inu burn tracker has reported that in the last one week a massive amount of SHIB coin was burned and removed from the market circulation.
In the last 7 days, there have been a total of 152,439,298 $SHIB tokens burned and 46 transactions. #shibarmy
— Shibburn (@shibburn) February 27, 2022
As per the Tweet posted by Shibburn, in the last 7 days SHIB enthusiasts have have burned more than 152 million (to be precisely 152,439,298 ) SHIB coin worth $3,777 in 46 transactions. The SHIB holders send these coins to the dead wallets and completely removed from the circulation that means, these dead coins cannot be recover from the wallets.
According to the WhaleStats, crypto whale data aggregator has announced that over the past 24 hours SHIB has returned on the list of the top ten digital currencies owned by the biggest Ethereum whales.
SHIB is on the third spot, following FTX Token (FTT). The average amount of Shiba Inu held by the biggest 1,000 ETH investors totals 54,046,266,992. This comprises $1,295,522,185 and 15.02 percent of the whales’ portfolio.
As for FTT held by these whales, their stash of this token equals 17.65 percent worth a whopping $1,522,032,199. Top 10 crypto holdings are Ethereum, FTX Token, USDC, USDT, BitPanda (BEST), OKB, Decentraland, CRO and Chainlink.
? Top 10 holdings by 1000 biggest #ETH whales
Whale leaderboard: https://t.co/28TDZ6JFiD pic.twitter.com/2M1hdXSdYZ
— WhaleStats – BabyWhale ($BBW) (@WhaleStats) February 27, 2022