Shiba Inu Price Alert: Whale Transfers Spike as Burn Rate Jumps 248%
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The post Shiba Inu Price Alert: Whale Transfers Spike as Burn Rate Jumps 248% appeared first on Coinpedia Fintech News Shiba Inu (SHIB), often called the “Dogecoin Killer,” saw one of its biggest whale activities in months today. In just 24 hours, whales made 406 large transactions, over 1.06 trillion SHIB moved onto exchanges, and the burn rate jumped sharply. This sudden spike in the Shiba ecosystem has left traders wondering if something bigger is coming. Whale Activity Hits a Six-Month High According to Santiment, a market intelligence platform, Shiba Inu has recorded 406 whale transactions, each worth more than $100,000, marking the busiest day for SHIB whales since June 6. At the same time, SHIB saw a massive 505 billion token inflow into the top 10 exchanges, marking its biggest single-day spike since 2023. Overall, exchanges registered a net inflow of 1.06 trillion SHIB in just 24 hours, showing that major holders are actively repositioning and preparing for a potential market shift. Such inflows typically hint at incoming volatility, especially when the overall crypto market is already unstable. .article-inside-link { margin-left: 0 !important; border: 1px solid #0052CC4D; border-left: 0; border-right: 0; padding: 10px 0; text-align: left; } .entry ul.article-inside-link li { font-size: 14px; line-height: 21px; font-weight: 600; list-style-type: none; margin-bottom: 0; display: inline-block; } .entry ul.article-inside-link li:last-child { display: none; } Also Read : Why Terra Luna Price Is Up Today: Key Factors Behind LUNA’s 100% Weekly Surge , Shib Burn Rate Shoots Up 248% While whales were moving huge volumes, the SHIB community was busy reducing supply. In the past 24 hours alone, Shiba Inu’s burn rate exploded by 248%, with 14.28 million SHIB permanently removed from circulation. So far, 410 billion SHIB have already been burned from the circulating supply of roughly 1 trillion tokens.…
Filed under: News - @ December 9, 2025 8:19 am