As the Shiba Inu burning continues, a prominent community member, SHIB Super Store, reminded the community of how Amazon contributed to the SHIB burning exercise. According to the Super Store’s tweet, Amazon has contributed around $5 to $50 worth of SHIB Burns daily.
Let's not forget about Amazon!
— SHIB Super Store (@shib_superstore) August 2, 2022
This has proven to be a solid daily burner, ranging from $5 to $50 per day.
Use this link, and then use Amazon like normal! https://t.co/ZZHm6XF29p
To find the link anytime go to https://t.co/d0goxr6sys and click the Amazon picture pic.twitter.com/S7wYBC75Ow
The details from the SHIB Super Store reveal that 2,615,765,687 SHIB have been burned by Amazon alone.
Interestingly, the platform contributed to 2,588,178 SHIB burns on August 2 alone. With the overall burn rate, the contribution plays a good role. But the burn rate itself is not in its best shape.
The burn rate in the last 24 hours has been a mere 14.04%, which contributed to the burning of 61,278,434 SHIB. The burn rate is comparatively lower as compared to its three-digit burn days.
Figures from the Shibburn website depict that 410,376,134,764,786 Shiba Inu have been burned from its supply.
Related: Over 4.70 Billion Shiba Inu Burnt in July as Transactions Exceed 500
Ethereum Whales Scoop up $150 Million Shiba Inu.
WhaleStats noted that the top 5,000 ETH whale holdings had accumulated over $657,836,948 in Shiba Inu. On Sunday, the whale analytical platform announced that the leading ethereum whales had held $508,672,407 worth of SHIB. In addition, the recent report from WhaleStats reveals a $150 million increase in SHIB holdings by the whales.
🐳 The top 5000 #ETH whales are hodling
— WhaleStats (tracking crypto whales) (@WhaleStats) August 3, 2022
$657,836,948 $SHIB
$189,819,348 $BEST
$188,801,648 $SLV
$158,865,721 $cETH
$152,524,500 $MATIC
$134,751,659 $MANA
$134,051,097 $LINK
$116,031,048 $CHSB
Whale leaderboard 👇https://t.co/kOhHps8XBB pic.twitter.com/I5abcIlu3T
In an analysis of the top 100 ETH whale holdings, SHIB ranks second, following the Silverway coin. SLV has gained over 24% in the last 24 hours, even when the top cryptos struggle to gain single digits. SHIB also accounts for 11.48% of the whale holdings.
Read more: Shiba Inu’s Welly Becomes Uber Eats’ Top-Rated Fast-Food Store
Lekan Eyinade
Lekan Eyinade is a resourceful crypto content creator and copywriter with over two years of experience writing compelling cross-channel copies for web content, press releases, newsletters, and advertising materials.
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