Shiba Inu Burn Rate Surges 657% as 15.16M SHIB Sent to Dead Wallets
Shiba Inu (SHIB)
Editor:
Eugene Serbin
According to bitcoinethereumnews.com, the Shiba Inu burn page recorded a 657% rise in the daily SHIB burn rate over the last 24 hours. During this period, 15.16 million SHIB tokens were sent to dead wallets, marking a significant deviation from the activity seen at the start of the week. This surge in burns caused a notable uptick in the daily burn rate. The data highlights a sharp increase in token destruction compared to earlier in the week.
How the market reacted
Whalio's own Binance spot order flow for SHIB, measured when this story was written up on 26 September 2026. Not the outlet's figures.
In the immediate aftermath, the 1-hour buy ratio stood at 56.0%, indicating strong short-term buying pressure that contrasts with the balanced 50.7% ratio seen over the full 24-hour period. The 4-hour buy ratio of 50.4% suggests that this buying momentum is stabilizing rather than accelerating further. Volume delta data shows a net inflow of $39,360 in the last hour and $8,673 over four hours, reflecting modest but positive accumulation. However, the 24-hour volume delta of $88,327 and a closing Cumulative Volume Delta (CVD) of -$98,873 indicate that selling pressure has outweighed buying over the full day. This means that while recent hours saw net buying, the overall 24-hour trend ended with more volume sold than bought.
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 50.5%, meaning today's 24-hour ratio of 50.7% is only marginally higher by 0.2 points. Trading volume was recorded at 0.69x the weekly average, suggesting that activity was subdued compared to typical days. While the price rose 9.2% over eight days, the total volume delta for that period was $1,152,467, which is significantly higher than today's single-day delta. This indicates that while today's burn news sparked short-term interest, the broader weekly trend has been driven by different volume dynamics. Today's activity represents a slight uptick in buying balance but remains within the normal range of the week's average behavior.