The "top holder" of Shiba Inu (SHIB), who originally purchased 103 trillion tokens in 2020 for just $13,700, transferred out another 1.07 trillion SHIB worth approximately $4.94 million today. The massive initial buy represented 17.4% of the total supply at the time.
At its 2021 peak, the original 103 trillion SHIB holding was valued at $9.1 billion. The address has since sold 11.73 trillion SHIB across 2021 and this year at an average price of roughly $0.0000064, retaining 91.6 trillion SHIB currently worth about $418 million.
Shiba Inu's Legendary Top Holder Moves Another $4.94M in SHIB, Retains $418M Position
Disclaimer: The content provided on Phemex News is for informational purposes only. We do not guarantee the quality, accuracy, or completeness of the information sourced from third-party articles. The content on this page does not constitute financial or investment advice. We strongly encourage you to conduct you own research and consult with a qualified financial advisor before making any investment decisions.