Holding SHIB for Four Years, Still Valued at $457 Million: Top Address Sells 3.8 Trillion SHIB in Past Month

According to monitoring by on-chain analyst Yu Jin, an address purchased 103 trillion SHIB with 37.8 ETH in 2020, accounting for 17.4% of the total supply, worth $13,700 at the time. This address has sold 3.8 trillion SHIB over the past month, valued at $20.73 million. SHIB has dropped 14.5% in the last month.

The 103 trillion SHIB held by this address was valued at $9.1 billion at its peak price in 2021. It currently still holds approximately 96.27 trillion SHIB, representing 16.3% of the total supply, worth $457 million.