Shiba Inu Whale Keeps Unloading a Position Once Worth $9B
A Shiba Inu mega whale has moved another 600 billion ethereum:0x95ad61b0a150d79219dcf64e1e6cc01f0b64c4ce worth roughly $3.09 million.
The wallet originally bought 1.03 quadrillion SHIB in 2020 for just 37.8 ETH. That position once represented about 17.4% of SHIB’s total supply.
At SHIB’s 2021 peak, that enormous position was worth as much as $9.1 billion.
The whale has now sold roughly 10.06 trillion SHIB for approximately $66.6 million. It still holds around 93.27 trillion SHIB worth nearly $478 million, according to EmberCN.