707 Million Shiba Inu Tokens Burned Over Last 48 Hours: Report

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707 Million Shiba Inu Tokens Burned Over Last 48 Hours: Report
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ICYMI: SHIBArmy has destroyed a staggering 700 million $SHIB coins over the last 48 hours SHIB ShibaInu

. This wallet is named after one of the major characters of iconic fantasy novel"Lord of the Rings" written by J.R.R. Tolkien, and it is ranked 11th on the scale of ETH investors by WhaleStats.

The whale acquired this massive amount of SHIB in two transfers, first buying 271,370,420,624.152. Another purchase of SHIB—150,000,000,000 tokens—followed a short while after that.By now, however, the investor seems to have sold all of his SHIB stash, according to the page of his wallet on WhaleStats. At press time, this wallet contains $3,720,011,780 worth of ETH-based tokens, with Meta standing as the token with the largest USD value.

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