Biggest Shiba Inu Burn In Months — And It Came From A Coinbase Account

A Coinbase-linked wallet sent 140,033,123 Shiba Inu tokens to a burn address on October 15, removing those coins from circulation in a single on-chain move. According to records published by community burn tracker Shibburn, the wallet that carried out the transfer was newly created and had only that one visible SHIB transaction. Related Reading: Dogecoin Sheds 25% As $57M Flees Market — Can The Memecoin Recover? Etherscan data shows the address was funded by a wallet tied to Coinbase, and it currently holds 0. 002 ETH, worth roughly $9 source: https://www.newsbtc.com/altcoin/biggest-shiba-inu-burn-in-months-and-it-came-from-a-coinbase-account/