Shiba Inu burn activity surges 1,307% as 47 million SHIB destroyed
Shiba Inu (SHIB)
Editor:
Eugene Serbin
cryptocurrency.com.tr reports that Shiba Inu recorded an explosive increase in burn activity over the last 24 hours. A total of 46.25 million SHIB tokens were permanently destroyed and sent to unrecoverable wallets. This event represents a 1,307% surge in the daily burn rate of the token. The cumulative impact pushed the weekly burn volume above 126 million SHIB, valued at approximately $678 at the current trading price.
How the market reacted
Whalio's own Binance spot order flow for SHIB, measured when this story was written up on 8 September 2026. Not the outlet's figures.
Shiba Inu is trading at $0.000005430 on Binance spot, with a 1-hour buy ratio of 58.9% and a 4-hour buy ratio of 52.8%. These short-term readings are significantly higher than the 24-hour buy ratio of 49.0%, indicating that buying pressure is building in the immediate term. The volume delta shows positive inflows of +$22,478 over the last hour and +$40,549 over the last four hours, contrasting with a negative delta of -$80,652 over the full 24 hours. The CVD closed at +$2,972, and net buying occurred in 12 of the last 24 hours across a spot volume of $4,172,173.
The latest daily buy ratio of 45.6% sits at the 11th percentile of the last 322 days, against a median of 48.8% - weaker buying than most days.
Was that an ordinary day?
The same Binance spot measurements for SHIB, averaged over the days leading up to the story.
Over the preceding week, the average buy ratio was 47.6%, making today's 24-hour ratio of 49.0% slightly above the norm by 1.4 points. Trading volume was 1.12x the weekly average, while the 8-day volume delta remained negative at -$1,333,199. Only one of the last seven days saw net buying, despite an 8-day price change of +7.1%. This suggests that while recent activity is slightly more bullish than the weekly average, sustained net buying remains rare for the coin.