According to recent data from WhaleStats and Coinburn.info, the burn rate and whale transactions of Shiba Inu (SHIB) have surged. WhaleStats reported that the top 100 Ethereum whales have accumulated over 1.2 trillion SHIB, worth approximately $368 million, in the past 24 hours. Coinburn.info shows that over 2.5 billion SHIB have been burned since the Shibaswap launch. The cause of this surge is unclear, but it may be related to the ongoing Shibaswap liquidity mining event.
