Shiba Inu Burns 5.33 Million SHIB in 24 Hours Amid Reduced Burn Rate

Shiba Inu (SHIB) had 5.33 million tokens burned as of September 14, 2026, over the past 24 hours. The estimated value was approximately $29, and the burn rate decreased by 24.95% compared to the previous day. The figure represents a consolidated total from multiple transactions tracked in the data. U.Today reported on the reduced burn volume but did not cite specific whales or companies driving the decrease.

Confirmed transactions included 2.357 million tokens moved from Binance to a burn address and 857,000 tokens sent from another address. Robinhood-related addresses also saw multiple transfers totaling 382,684 and 193,407 tokens. Uniswap-related addresses contributed 15,955 tokens burned. However, transaction sources listed on on-chain addresses do not necessarily indicate the actual entities bearing the cost of burning.

Burning involves sending SHIB to an unspendable address, removing it from circulation. Daily burn totals can vary significantly based on when transactions occur at exchanges, services, or individual wallets. Over longer periods, aggregated figures also differ depending on timeframes. U.Today previously reported 7-day and 30-day burn volumes as 13.95 million SHIB and 507.72 million SHIB, respectively, though subsequent checks showed updated figures of 144.3472 million for the 7-day period and 510.557842 million for the 30-day total.

Since burn data is subject to real-time aggregation that can vary by query time, it's difficult to assess long-term supply changes based on a single day's figures. The article also referenced the U.S. Senate's Digital Asset Market Structure Bill (Clarity Act), introduced by Senator Cynthia Lumis on September 10, which includes provisions related to DeFi protocols and digital asset trading under CFTC regulation. SHIB was listed as an example of a digital commodity in CFTC documents, though this does not imply regulatory approval or future support for the token. No direct causal relationship between the Clarity Act vote and SHIB burn rates has been established.