367% SHIB Spike Emerges As 631,404,719 SHIB Disappear in Smoke
The post 367% SHIB Spike Emerges As 631,404,719 SHIB Disappear in Smoke appeared on BitcoinEthereumNews.com. SHIB burns rocket 367% in past week SHIB price crashes 11% as Bitcoin heads south According to data published by the blockchain wallet tracker Shibburn, the SHIB community has managed to dispose of an impressive amount of meme coins. This massive transaction has propelled the SHIB burn rate to increase by almost 400%. Meanwhile, the SHIB price has demonstrated a major 11.11% decline over the past two days, following the Bitcoin price trajectory. SHIB burns rocket 367% in past week A recent X post published by the aforementioned on-chain data source reveals that over the past seven days, the weekly SHIB burn metric experienced a substantial surge of 367.83%. That was possible thanks to a cumulative 631,404,719 SHIB chunk being moved to unspendable blockchain wallets. Roughly 600,000,000 SHIB were burned in a single move earlier this week by an anonymous crypto whale, according to the details of burns revealed by the Shibburn website. HOURLY SHIB UPDATE$SHIB Price: $0.00001269 (1hr -1.35% ▼ | 24hr -4.82% ▼ )Market Cap: $7,477,173,887 (-4.86% ▼)Total Supply: 589,247,934,026,951 TOKENS BURNTPast 24Hrs: 18,717,760 (-96.89% ▼)Past 7 Days: 631,404,719 (367.83% ▲) — Shibburn (@shibburn) July 30, 2025 The daily burn rate shows a drastic decline, with the metric falling 96.89% and merely 18,717,760 SHIB locked out of the circulating supply so far today. You Might Also Like SHIB price crashes 11% as Bitcoin heads south Since Monday, when Bitcoin was trading at $119,700, the largest crypto in the world is now down almost 2%, changing hands at $117,740. Notably, the price decline took place after the renowned Bitcoin evangelist and founder of Strategy, Michael Saylor, announced that his company had made yet another astounding BTC accumulation. On Monday, Strategy bought 21,021 Bitcoin for roughly $2.46 billion. This mammoth purchase has increased the company’s crypto holdings to a total…
The post 367% SHIB Spike Emerges As 631,404,719 SHIB Disappear in Smoke appeared on BitcoinEthereumNews.com.
SHIB burns rocket 367% in past week SHIB price crashes 11% as Bitcoin heads south According to data published by the blockchain wallet tracker Shibburn, the SHIB community has managed to dispose of an impressive amount of meme coins. This massive transaction has propelled the SHIB burn rate to increase by almost 400%. Meanwhile, the SHIB price has demonstrated a major 11.11% decline over the past two days, following the Bitcoin price trajectory. SHIB burns rocket 367% in past week A recent X post published by the aforementioned on-chain data source reveals that over the past seven days, the weekly SHIB burn metric experienced a substantial surge of 367.83%. That was possible thanks to a cumulative 631,404,719 SHIB chunk being moved to unspendable blockchain wallets. Roughly 600,000,000 SHIB were burned in a single move earlier this week by an anonymous crypto whale, according to the details of burns revealed by the Shibburn website. HOURLY SHIB UPDATE$SHIB Price: $0.00001269 (1hr -1.35% ▼ | 24hr -4.82% ▼ )Market Cap: $7,477,173,887 (-4.86% ▼)Total Supply: 589,247,934,026,951 TOKENS BURNTPast 24Hrs: 18,717,760 (-96.89% ▼)Past 7 Days: 631,404,719 (367.83% ▲) — Shibburn (@shibburn) July 30, 2025 The daily burn rate shows a drastic decline, with the metric falling 96.89% and merely 18,717,760 SHIB locked out of the circulating supply so far today. You Might Also Like SHIB price crashes 11% as Bitcoin heads south Since Monday, when Bitcoin was trading at $119,700, the largest crypto in the world is now down almost 2%, changing hands at $117,740. Notably, the price decline took place after the renowned Bitcoin evangelist and founder of Strategy, Michael Saylor, announced that his company had made yet another astounding BTC accumulation. On Monday, Strategy bought 21,021 Bitcoin for roughly $2.46 billion. This mammoth purchase has increased the company’s crypto holdings to a total…
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