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Unknown Wallet Burns 10 Million Shiba Inu in One Transaction

A significant amount of Shiba Inu (SHIB), over 12.94 million, has been eliminated in the past day, with 10 million being eradicated in a single transaction.

According to Shibburn.com, the Shiba Inu Community has collectively moved a total of 12,948,572 (12.94M) SHIB to a “dead wallet” through ten multiple transactions in the past 24 hours.

The major Shiba Inu burn transaction comes from the mysterious wallet. The unknown wallet removed a whopping 10 million Shiba Inu tokens from circulation forever by sending them to the “inferno” address in one significant transaction.

As per data provided by Etherscan.io, this significant burn transaction was executed hours ago. The data also suggests that the mysterious wallet may destroy more Shiba Inu coins in the near future, as it still holds 10,749,968 (10.74M) SHIB.

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