Meanwhile, according to the Shibburn tracker, the burning rate of SHIB has risen by 181.26% in the last 24 hours, resulting in over 821,000 coins being removed from circulation, which could potentially strengthen the bullish trend.
Moreover, data from IntoTheBlock demonstrates a revival among crypto whales. Large holders, which also include major exchanges, recorded an outflow of SHIB from 183.03 billion coins on August 7 to 359.6 billion on August 9.
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Meanwhile, according to the Shibburn tracker, the burning rate of SHIB has risen by 181.26% in the last 24 hours, resulting in over 821,000 coins being removed from circulation, which could potentially strengthen the bullish trend.
Moreover, data from IntoTheBlock demonstrates a revival among crypto whales. Large holders, which also include major exchanges, recorded an outflow of SHIB from 183.03 billion coins on August 7 to 359.6 billion on August 9.