{"id":25685,"date":"2024-01-18T09:16:18","date_gmt":"2024-01-18T09:16:18","guid":{"rendered":"https:\/\/crowdfundjunction.com\/blog\/robinhoods-shib-holdings-hit-36-684t-amidst-burns-and-whales-accumulation\/"},"modified":"2024-01-18T09:16:18","modified_gmt":"2024-01-18T09:16:18","slug":"robinhoods-shib-holdings-hit-36-684t-amidst-burns-and-whales-accumulation","status":"publish","type":"post","link":"https:\/\/crowdfundjunction.com\/blog\/robinhoods-shib-holdings-hit-36-684t-amidst-burns-and-whales-accumulation\/","title":{"rendered":"Robinhood&#8217;s SHIB holdings hit 36.684T amidst burns and whales\u2019 accumulation"},"content":{"rendered":"<p><b>(Originally posted on : CoinJournal: Latest Bitcoin, Ethereum &amp; Crypto News )<\/b><br \/>\n<\/p>\n<div>\n<div class=\"post-article-image  -mt-24  mb-8  lg:-mt-32  rounded  overflow-hidden\">\n<picture><source srcset=\"https:\/\/coinjournal.net\/wp-content\/uploads\/imagecache\/2022\/02\/1644437743819-d82d87b9-ad3d-4f7b-a2d1-09938c1ff831-smartcrop-750x375.webp\" type=\"image\/webp\" media=\"(min-width: 750px)\"\/><source srcset=\"https:\/\/coinjournal.net\/wp-content\/uploads\/imagecache\/2022\/02\/1644437743819-d82d87b9-ad3d-4f7b-a2d1-09938c1ff831-smartcrop-363x181.webp\" type=\"image\/webp\"\/><source srcset=\"https:\/\/coinjournal.net\/wp-content\/uploads\/imagecache\/2022\/02\/1644437743819-d82d87b9-ad3d-4f7b-a2d1-09938c1ff831-smartcrop-750x375.jpg\" type=\"image\/jpeg\" media=\"(min-width: 750px)\"\/><source srcset=\"https:\/\/coinjournal.net\/wp-content\/uploads\/imagecache\/2022\/02\/1644437743819-d82d87b9-ad3d-4f7b-a2d1-09938c1ff831-smartcrop-363x181.jpg\" type=\"image\/jpeg\"\/>\n<\/picture>                    <\/div>\n<ul>\n<li>36.684 trillion SHIB tokens were added to Robinhood in 24 hours, fueled by investor interest.<\/li>\n<li>Notable SHIB whale moves and a 28,600% burn rate increase.<\/li>\n<li>Shiba Inu strategic partnership with D3 Global collaboration, SHIB domain acquisition, and ICANN pursuit.<\/li>\n<\/ul>\n<p>In a remarkable turn of events, Robinhood\u2019s <a href=\"https:\/\/coinjournal.net\/shiba-inu\/what-is-shiba-inu\/\">Shiba Inu (SHIB)<\/a> wallets have witnessed a staggering surge, accumulating 231 billion tokens in just 24 hours. This unprecedented growth, revealed by <a href=\"https:\/\/platform.arkhamintelligence.com\/explorer\/entity\/robinhood\">Arkham Intelligence data<\/a>, brings Robinhood\u2019s SHIB holdings to an impressive 36.684 trillion tokens.<\/p>\n<p>As the crypto community closely watches, this surge is a testament to growing investor interest. It aligns with broader trends, including significant whale activities and strategic partnerships within the Shiba Inu ecosystem.<\/p>\n<h2>SHIB accumulation on Robinhood<\/h2>\n<p>Robinhood, the commission-free trading platform, is making headlines with its substantial accumulation of Shiba Inu tokens. In a single day, the platform\u2019s SHIB wallet saw an increase of 231 billion tokens.<\/p>\n<p>Notably, these exchange wallets reflect user holdings, signifying a substantial surge in SHIB accumulation by investors on the Robinhood platform. Cryptocurrency whales have also played a pivotal role, with one whale moving a staggering 136.8 billion tokens to a newly created wallet on the exchange.<\/p>\n<p>The accumulation of Shiba Inu on Robinhood coincides with a community-driven burn event that has incinerated 9.35 billion SHIB tokens, showcasing a remarkable 28,600% increase in the burn rate.<\/p>\n<p>Last month, the community sent 8.6 billion SHIB tokens for permanent deletion, marking an astounding 160,598% increase from the previous day\u2019s burn rate. This strategic combination of accumulation and burning underscores a dynamic market environment for Shiba Inu.<\/p>\n<h2>Recent Shiba Inu partnerships<\/h2>\n<p>The surge in SHIB holdings is not isolated but ties into Shiba Inu\u2019s strategic initiatives. A notable <a href=\"https:\/\/coinjournal.net\/news\/shiba-inu-partners-with-d3-for-shib-top-level-domain\/\">partnership with domain firm D3 Global<\/a> has empowered users to acquire SHIB domain names.<\/p>\n<p>This collaboration positions Shiba Inu as one of the first decentralized projects pursuing a top-level domain name through the Internet Corporation for Assigned Names and Numbers (ICANN). The partnership aligns with the rising burn rate trend within the Shiba Inu community.<\/p>\n<div class=\"post-meta\">\n<hr class=\"mb-6\"\/>\n<h6 class=\"text-3xl  mb-4  text-green-300\">Share this article<\/h6>\n<hr class=\"mb-6\"\/>\n<h6 class=\"text-3xl  mb-4  text-green-300\">Categories<\/h6>\n<hr class=\"mb-6\"\/>\n<h6 class=\"text-3xl  mb-4  text-green-300\">Tags<\/h6>\n<\/p><\/div>\n<\/p><\/div>\n<p><a href=\"https:\/\/coinjournal.net\/news\/robinhoods-shib-holdings-hit-36-684t-amidst-burns-and-whales-accumulation\/\">Source link <\/a><br \/>\n<br \/><\/p>\n","protected":false},"excerpt":{"rendered":"<p>(Originally posted on : CoinJournal: Latest Bitcoin, Ethereum &amp; Crypto News ) 36.684 trillion SHIB tokens were added to Robinhood in 24 hours, fueled by investor interest. Notable SHIB whale moves and a 28,600% burn rate increase. Shiba Inu strategic partnership with D3 Global collaboration, SHIB domain acquisition, and ICANN pursuit. In a remarkable turn [&hellip;]<\/p>\n","protected":false},"author":7,"featured_media":25686,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"om_disable_all_campaigns":false,"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0},"categories":[35],"tags":[],"_links":{"self":[{"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/posts\/25685"}],"collection":[{"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/users\/7"}],"replies":[{"embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/comments?post=25685"}],"version-history":[{"count":0,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/posts\/25685\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/media\/25686"}],"wp:attachment":[{"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/media?parent=25685"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/categories?post=25685"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/tags?post=25685"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}