The Burn Narrative Has Died: Why SHIB’s 117 Million Token Incineration Signals a Market Shift
On-chain data shows that on the 15th of this month, 117 million SHIB tokens...
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•
Raytoshi
•
2026-07-09
#shib
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BTC
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ETH
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$1,869.24
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SOL
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$568.3
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$8.35
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Fear & Greed
28
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Event Calendar
202630
04
upgrade
Celestia Mainnet Upgrade
Improves data availability sampling efficiency
18
03
unlock
Sui Token Unlock
Team and early investor shares released
08
04
upgrade
Solana Firedancer
Independent validator client goes live on mainnet
22
03
unlock
Optimism Unlock
Circulating supply increases by about 2%
28
03
unlock
Arbitrum Token Unlock
92 million ARB released
10
05
upgrade
Ethereum Pectra Upgrade
Raises validator limit and account abstraction
12
05
halving
BCH Halving
Block reward halving event
15
04
halving
Bitcoin Halving
Block reward reduced to 3.125 BTC
Tag Cloud
Tools
All →Altseason Index
44
Bitcoin Season
BTC Dominance
Altseason
Gas Tracker
Ethereum
28 Gwei
BNB Chain
3 Gwei
Polygon
42 Gwei
Arbitrum
0.5 Gwei
Optimism
0.3 Gwei
Market Cap
All →
1
Bitcoin
BTC
$64,589.4
1
Ethereum
ETH
$1,869.24
1
Solana
SOL
$76.05
1
BNB Chain
BNB
$568.3
1
XRP Ledger
XRP
$1.1
1
Dogecoin
DOGE
$0.0726
1
Cardano
ADA
$0.1650
1
Avalanche
AVAX
$6.5
1
Polkadot
DOT
$0.8325
1
Chainlink
LINK
$8.35
🐋 Whale Tracker
🟢
0xceb2...459a
1d ago
In
4,842 ETH
🟢
0x90e5...00e6
2m ago
In
1,480 ETH
🔴
0x36a7...66e7
12m ago
Out
3,801 ETH
💡 Smart Money
0x7d9b...cee1
Top DeFi Miner
-$4.3M
72%
0xe7f9...04ca
Market Maker
-$1.4M
77%
0x74ca...e8ac
Institutional Custody
-$0.5M
73%