Robinhood Burns 450,564 SHIB In The Past 24 Hours

Robinhood, a cryptocurrency trading platform, performed two SHIB burn transactions totaling 450,564 tokens, which were recorded on the Ethereum network within a 24-hour period. 

According to Burnalytics, the first transaction, dated August 13, 2026, at 18:25:35, burned 226,513 SHIB with a USD value of $1.00. The second, on August 14, 2026, at 13:09:11, burned 224,051 SHIB valued at $1.01. 

Both transactions sent the tokens to the burn address 0xdEAD000000000000000000000000000000000000. The August 13 burn occurred in block 25747882, while the August 14 burn was recorded in block 25753478. Each was executed as a standard burn of Shiba Inu (SHIB) tokens on Ethereum. The combined amount matches the reported 24-hour total of 450,565 SHIB.

SHIB burns 224,052 $SHIB in single transaction

Shiba Inu (SHIB), a decentralized cryptocurrency, recorded a burn of 224,052 tokens in a single transaction on August 14, according to a 2:00 PM UTC update from SHIB Burn Tracker on X.  Additional single-transaction burns in the past 24 hours included 223,316 SHIB, 448,431 SHIB, 226,513 SHIB, and 7,786,155 SHIB.

Data from a burn tracking interface showed the cumulative total of burned SHIB at 410,843,728,099,726 tokens. This figure corresponded to a USD value of $7,358,056,930 across 21,545 burn transactions. 

The supply breakdown listed an initial supply of 1 quadrillion tokens, with 41.08 percent burned and 58.92 percent remaining. Total supply stood at approximately 589,156,271,900,200 tokens, while circulating supply was listed near 585,649,681,124,500 tokens.

Current price and market data

At the time of this writing (on August 14 at 3:05pm UTC), SHIB traded at $0.000004516, reflecting a 1.0 percent increase over the previous 24 hours, according to CoinGecko data. The 24-hour trading range spanned from $0.000004401 to $0.000004537. Market capitalization was $2.661 billion, with a fully diluted valuation of $4.516 billion. Twenty-four-hour trading volume registered at $57.054 million.

The 24-hour price chart displayed an overall upward trajectory, moving from lower levels near $0.00000441 toward a close near $0.000004516, with several peaks and troughs during the period. The seven-day chart showed a net decline of 2.0 percent. 

Over that timeframe the token experienced higher levels early in the week before declining and partially recovering. All-time high data listed a peak of $0.00008616 on October 27, 2021, representing a 94.8 percent decline from that level. The all-time low was $0.00000000005637 on November 28, 2020.

Previous market movement

On August 1, SHIB recorded a 6.69 percent increase over 24 hours to trade at $0.000004969, with a market capitalization of approximately $2.92 billion. 

The one-day chart at that time showed an upward trend from around $0.0000046 to an intraday high near $0.000005053 before consolidating near $0.000004969. Trading volume rose to $170.6 million, an increase of 72.57 percent over the prior 24 hours on the same day.

Burn activity summary

The recent single-transaction burns form part of the ongoing reduction in SHIB supply. The tracking data indicated more than 21,500 burn transactions have contributed to the total of over 410 trillion tokens removed from circulation. The percentage of the initial supply that has been burned stood at 41.08 percent, leaving 58.92 percent remaining according to the displayed metrics. 

Price movement over the most recent 24 hours occurred alongside the reported burn activity, while the seven-day performance reflected a net decrease. Market capitalization, fully diluted valuation, and volume figures remained consistent with the circulating and total supply numbers shown in the data.

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