SHIB Burn Reshaped Supply After Buterin’s Move

NewsMon, 07 Sep 2026 19:30:00 UTC17 hours ago
SHIB Burn Reshaped Supply After Buterin’s Move

  • In 2021, Vitalik Buterin burned almost 410 trillion SHIB, which eliminated more than 40% of the tokens in circulation.
  • Buterin donated 50 trillion SHIB before burning most remaining holdings, separating charitable transfers from permanent supply removal.
  • Community burns continued afterward, while Buterin’s 2021 transaction remained the benchmark for Shiba Inu supply reductions.

SHIB burn history centers on Vitalik Buterin’s 2021 destruction of over 410 trillion tokens, permanently changing Shiba Inu’s supply structure after an unsolicited allocation during its early expansion.

SHIBMortal Revisits Buterin’s Historic Decision

SHIBMortal recently revisited the event, calling it the largest reduction in SHIB supply. The post noted Buterin received half the original supply without requesting it. It also referenced his decision to avoid becoming a central power.

https://twitter.com/SHIBMortal/status/2095930937372811485?s=20

The project had transferred roughly half of its initial supply to Buterin. The allocation created an unusually large concentration outside direct project control. Meanwhile, the other half remained locked for Uniswap liquidity.

… Continue reading the full article at the original source below.

Read from Source · cryptonewsland.com ↗
This content is automatically aggregated. Full credit goes to the original publisher (cryptonewsland.com).

Related