🔥 85,075,311,824 $SHIB Burned
80,022,668,294 $SHIB burned in a single transaction, followed by a 5,000,000,000 $SHIB burn and a couple smaller burns.
Nearly $1M that went under the radar at the time.
This wasn’t a community burn. This comes from an event that happened on June 18th, 2025. You may have heard this story.
@ZachXBT first flagged suspicious outflows tied to an address 0xf22cc3c5b24e3b40ba7a27b82ea0d4b6d3088bbd.
Further reporting from @Reuters and @CoinDesk later confirmed the scale of the exploit. An Iranian crypto exchange, Nobitex, was reportedly hacked for $90M+.
0xffFFfFFffFFffFfFffFFfFfFfFFFFfFfFFFFDead
was mentioned (a burn address on Ethereum) on those reports, but didn't see anyone going further to confirm that multiple tokens like $SHIB were actually burned. Somehow, it was missed. One of the burns being the 2nd biggest burn we had so far for $SHIB.
Other assets were wiped as well:
-255.6 billion $PEPE
-12 thousand $CHAIN
-262 ETH
...just to name some.
As you may know, tracking $SHIB was mostly focused on known SHIB-related burn addresses. That’s why this was missed. We should’ve been tracking more addresses.
So what changed?
We built a new tracking platform that monitors 100+ addresses, including 29 official burn addresses in Ethereum, with 0xffFFfFFffFFffFfFffFFfFfFfFFFFfFfFFFFDead being one of them.
The new application will be revealed within 3 weeks.
A platform built to track burns at a much deeper level, across chains, tokens/nfts/coins. We already have over 1M tokens tracked. The new https://t.co/qLBGSroZi9 uses the platform's API and will be accessible to others.
That’s how this was discovered, and is now accounted for.
This one went under the radar.
It shouldn’t have.
It won’t happen again.
@ClayBro883@Perry8k@LuckSide
Dreams linger like dew on grass, shimmering with the promise of a new day.
Let the world awaken, for within it lies the magic of fresh beginnings $KISHU 🐶
99% of people have almost left crypto
and that's why altseason is back!
This happens every cycle
New people almost leave after losing hope, and the market starts shocking...
Thank you for your great article @BSCNews
Actually, we have a top-level meeting with panasonic scheduled soon, where we plan to have a wide-ranging discussion, including on-chain development initiatives.
We aim to continuously roll out new updates.
#JASMY $JASMY