Shiba Inu‘s Burn Fiasco: The Big Silver Lining You Never Saw Coming!

Oh, what a wild and wacky world we live in! The shiny, cheeky SHIB has decided to take a nosedive—down by more than 23%—as if it’s playing hide-and-seek with the market. And right alongside, the whole crypto circus is doing a sad little shuffle in the red zone. Boo hoo! 😢

But hold your horses, dear reader! Just when you thought it was all doom and gloom, a tiny glimmer of hope appears like a fairy godmother with a crooked smile. Yes, while the SHIB burn index took a tumble, something rather amusing is happening in the background. Oh yes, the SHIB coins are being shooed out of circulation faster than rabbits out of a hat—13,856,089 pesky SHIB coins have vanished into the dark, so-called “dead wallets,” where no one will ever see them again. Ta-da! 🎩✨

SHIB burns plunge, but here’s good thing

The data, oh so dramatic, shows that the daily SHIB burn—think of it as the coin’s version of a less-than-glamorous spring cleaning—has DROPPED a whopping 23.40%. But have no fear! Some whimsical wise guy thought it would be funny to send those precious memecoins off to the great blockchain beyond, where they are forever lost—poof! Just like socks in the laundry—missing and mysterious. The grand total? A hefty 13,856,089 SHIB said ‘bye-bye’ to the world. Bye-bye! 👋

And what about the biggest hot potatoes? The three top meme coins, each carrying a mountain of SHIB, have been whisked away to the mysterious “unspendable” wallets—better known as wallets no one can open! The biggest chunk alone: 10,741,310 SHIB, plus a sprinkle of smaller amounts—1,115,384 and 1,159,644. Truly, these coins are playing hide-and-seek in the blockchain universe and winning! 🕵️‍♂️

Meanwhile, the big bald Bitcoin, the mighty king of crypto, took a small tumble of nearly 2%, slipping from over $107,000 to a smidge over $104,850. Yes, it’s a rollercoaster, folks—hold on tight! The rest of the crypto gang followed suit, crying and wailing as prices crumbled faster than a cookie in a toddler’s fist.

Massive 2.8 trillion SHIB hit Coinbase

Just when you thought it couldn’t get any more absurd, along comes Whale Alert with their magnifying glass and a big drumroll! Today, an anonymous whale—probably one of those whales with a tiny Eiffel Tower swimming around in their wallet—sent a staggering 2,869,483,918,550 SHIB (that’s a lot of zeroes—like a never-ending story) over to Coinbase Institutional. That’s enough coins to make even the most hardened crypto fanatic drop their coffee! ☕🤑

Most of the time, these giant transfers are just big exchanges fussing around with their crypto collections. But this time? Nope! The big mysterious whale was the one doing the giving. And folks, that pile of SHIB was sitting pretty—worth over thirty-six million dollars—just waiting for the next big adventure. Maybe a new meme, or perhaps a giant pizza ordered in Bitcoin? Who knows! But one thing’s for sure—this crypto world is as unpredictable as a cat on a hot tin roof. 😹🚀

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2025-06-05 15:55