This Single Wallet Accounts for 90% of Shiba Inu Burns in 24 Hours

An unlabeled wallet has emerged as the largest contributor to Shiba Inu’s daily burn activity, accounting for nearly 90% of all SHIB tokens removed from circulation over the past 24 hours. According to Shibburn data, the address 0xe50…de9f9 sent 2 million Shiba Inu tokens to the burn address in a single transaction at 00:50 UTC.

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