SHIB Price Drops 3.23% Amid 1,567% Burn Rate Surge and Extreme Whale Activity

Shiba Inu (SHIB) experienced a 3.23% price decline in the past 24 hours, currently trading at $0.00000809 on Binance, attributed primarily to heightened market volatility, a surge in the token burn rate, and significant whale movements observed throughout mid-December 2025. The burn rate spiked by 1,567% on December 14, while large transfers to private wallets and increased exchange inflows contributed to a fluctuating market sentiment marked by "Extreme Fear" and technical indicators signaling uncertainty. Trading volumes ranged between $81 million and $115 million over the last 24 hours, with market capitalization estimated at approximately $4.76 billion. Despite short-term downside, ongoing upgrades to Shibarium and active community participation in staking and governance continue to underpin interest in the asset.