4 Billion SHIB Burned for Second Consecutive Week as Shiba Inu Hits Several Milestones

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4 Billion SHIB Burned for Second Consecutive Week as Shiba Inu Hits Several Milestones
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SHIB army keeps burning astounding sums in Shiba Inu for second week in row

meme coins have been sent to"inferno" wallets and out of circulation within the last week, according to Shibburn tracker, which watches SHIB burn transactions on Etherscan.

The data from the recently published tweet shows that this is the second consecutive week, when around 4 billion SHIB has been removed within a week.1.7 billion SHIB burned in one transfer While the total amount of Shiba Inu coins removed over the past seven days constitutes 3,977,664,767 SHIB, one transfer to a dead wallet stands out here — an anonymous whale burned 1,695,572,371 Shiba Inu several hours ago.

Several days ago, according to detailed information from the Shibburn website, 2,005,265,274 SHIB was also burned in a single transaction. Therefore, the majority of the 4 billion this week was burned in only two massive transfers to unspendable SHIB wallets. Overall, a record amount of Shiba Inu tokens has been burned this week. This coincided with the meme token and its ecosystem hitting several major milestones.

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