Burn rate surges with a single wallet burning 246.7M Shiba Inu. Etherscan.io data reveals that the wallet tagged “cultpunks.eth” burned a staggering 246,743,138 (246.74M) SHIB in a single transaction executed about 3 hours ago from press time. The move has caused the overall burn rate to surge by 1549.47% over the last day. This is The post Shiba Inu Burn Rate Up 1500% As Single Wallet Burns 247Million Shib first appeared on The Crypto Basic .