Robinhood-linked wallet burns about 450,000 SHIB in two transfers

A Robinhood-linked wallet carried out two SHIB burns within 24 hours, removing about 450,000 tokens from circulation. The transfers totaled 226,513 SHIB in the first burn and 224,051 SHIB in the second, with both sent to an Ethereum burn address (an unrecoverable token sink). The Crypto Times said the latest moves are part of SHIB's ongoing burn process, which is designed to reduce supply over time. In cumulative terms, about 410.8437 trillion SHIB has been burned.

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