Shiba Inu Burns Accelerate, Whales Return as New Accounts Surge on Shibarium
• Shiba Inu token burn rate jumped 191.69% in 24 hrs, with 7.65B SHIB removed from circulation
• Over 410 trillion SHIB tokens have been burned so far out of 1 quadrillion total supply
• Number of new Shibarium accounts surged from 33 to 207 between Feb 6-7, signaling growing interest
• Open interest in SHIB futures contracts has increased to $24.9 million this week
• Signs of renewed whale and investor interest after retreat in January, with sentiment shifting from bearish to neutral