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According to the handle, a whopping 4,762,745,494 SHIB tokens were burned in July with 505 transactions. This comes as a significant amount of SHIB has been sent to dead wallets in recent hours.
🔥🔥🔥🔥 4,762,745,494 tokens have been burned in the month of July with 505 transactions.
— Shibburn (@shibburn)
The Shibburn tracker an astounding 6,645,872 SHIB sent to dead wallets in a single transaction in the last hour. Also, another 1,360,730 SHIB tokens burned in a single transaction were reported by the Shib burn tracker.
In the past hour, there have been a total of 6,645,872 tokens burned and 1 transaction.
— Shibburn (@shibburn)
Meanwhile, over 216,487,142 over the last 24 hours, and 32 transactions were reported by the Shib Burn Twitter account about five hours ago.
In the past hour, there have been a total of 1,360,730 tokens burned and 1 transaction.
— Shibburn (@shibburn)
Expectations continue to increase for upcoming events
Shiba Inu has posted a mysterious video tweet on its official Twitter handle, stoking expectations. This is a sequel to that which was posted in the past week, which was instead an image of a game console.
GET IN POSITION... https://t.co/2JQctZHlPw pic.twitter.com/ShtMWkGu29
— Shytoshi Kusama™ (@ShytoshiKusama)
Shiba Inu's lead developer, , seemed to give an indication of what the surprise could be by posting a Playside image with the "caption CCG get in position" along with the video teaser.
According to WhaleStats, Shiba Inu continues to smash ground-breaking milestones in its holder count, reaching over 1,216,000 holders. At the time of publication, the number of Shiba Inu holders was 1,216,316, per WhaleStats data.
🐳 The top 500 whales are hodling
— WhaleStats (free data on crypto whales) (@WhaleStats)
$643,438,792
$190,097,512
$188,801,648
$149,156,455
$137,579,850
$129,070,901
$119,670,040
$101,330,907
Whale leaderboard 👇https://t.co/tgYTpOm5ws pic.twitter.com/THbjF3t2RS
The whales are also now "hodling" $643,438,792 worth of SHIB. The analysis of the top 100 Shiba Inu holders by WhaleStats also revealed a 30.36% increase in the average Shiba Inu balance amid recent accumulation. In the past day, the average SHIB value has also increased by 28.73%.
Shiba Inu was up 1.60% at $0.0000121 at the time of publication, according to CoinMarketCap.


InkByte Editorial Team
Dan Burgin