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

NewsBTC•Friday, October 17, 2025 at 5:00:31 AM
PositiveCryptocurrency
Biggest Shiba Inu Burn In Months — And It Came From A Coinbase Account
In a significant move for the Shiba Inu community, a Coinbase-linked wallet recently burned over 140 million SHIB tokens, effectively removing them from circulation. This event, which took place on October 15, is the largest burn in months and highlights the ongoing efforts to manage the token's supply. The transaction was executed by a newly created wallet, emphasizing the growing interest in Shiba Inu as a cryptocurrency. Such burns are crucial as they can potentially increase the value of remaining tokens, making this news particularly exciting for investors and enthusiasts alike.
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