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The mysterious SHIB Whale behind the 1 billion SHIB burn event has finally been confirmed.
The anonymous bigwig behind the recent massive SHIB burn has been revealed, and the SHIB community was encouraged by yesterday's massive burn of 1.002 billion Shiba Inu tokens. 1 billion SHIB tokens were transferred to a dead-end wallet in a burn transaction. This caused SHIB burns to skyrocket by 8,099% on Monday. Although the SHIB community has been speculating about who the mysterious "whale" behind the SHIB burn is and X has been discussed many times within the SHIB community, the "whale" has come forward to identify himself. 1 Billion SHIB Burned in an Instant According to a recent tweet posted by the Shibburn blockchain tracker, the aforementioned 1 billion SHIB transaction is still the largest single transfer in the past week. The tweet was posted earlier today. It shows that in the last seven days, 1,093,130,656 SHIB has been removed from circulation and entered the coin purse, increasing the weekly consumption rate by 101.7% At the same time, in the last 24 hours, the community has managed to dispose of 33,136,646 SHIB, which means a sharp decrease in the burn rate of 8,099% compared to the previous day's peak of 96.7%. The mysterious 1 billion SHIB burner unveiled The largest transfer during the period was 23,003,476 SHIB. According to the SHIB website, the burn of gas fees from Shibarium – exchanging a sufficient amount of BONE coins for SHIB and transferring them to an unspendable wallet, i.e., burning. As for the entity that burned the 1 billion Shiba Inu coins, it was the @1cDream X account, which claimed that its purpose was to burn billions and trillions of SHIB. The account belongs to the CENT meme coin that runs on Shibarium. The account commented under Shibburn's tweet about 1 billion SHIB: "We're going to burn more! And called on the SHIB army to join forces with them and burn SHIB coins together. #柴犬(SHIB)新闻 # burn tokens