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Altcoins & DeFi

152 Million SHIB Tokens Sent to Dead Wallets From Coinbase Uncovered

Image: U.Today

Coinbase has emerged among the top Shiba Inu (SHIB) burners for the month, with over 152.3 million SHIB sent to dead addresses in the last 30 days, according to Shibburn . Among the top burners in the last 30 days, Coinbase sits in the second spot, just below the '0xc774406cc' address, which sent 297,572,672 SHIB to dead wallets in just one transaction. The SHIB tokens burned did not come in one lump sum but rather from various burn transactions that may have originated from Coinbase transactions and trading fees. 152,307,330 SHIB burned in 9 transactions was attributed to Coinbase in the last 30 days, when a total of 758.92 million was burned, according to the Shibburn page.

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