Web3
Coinbase-Labeled Address Sends 152.31 Million SHIB to Burn Address
COINOTAG·October 17, 2026·1 min read
A Coinbase-labeled address sent 152,307,330 SHIB to a burn address over 30 days, representing about 20.1% of all tracked burns, ranking second. The significant burn reduces circulating supply, potentially influencing SHIB's price. Shibburn data tracks these on-chain events, and investors watch for supply reduction effects.
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