Holding over $418 million in SHIB for more than 5 years, the "top holder" transferred out 1.07 trillion SHIB today

Odaily reports: On-chain analyst Yu Jin posted that the "top holder," who in 2020 spent only 37.8 ETH ($13,700) to buy 103 trillion SHIB, accounting for 17.4% of the total SHIB supply, transferred out 1.07 trillion SHIB today, worth $4.94 million. At the 2021 price peak, this batch of SHIB was once worth $9.1 billion. This address sold portions of SHIB in 2021 and this year, cumulatively selling 11.73 trillion at approximately $0.0000064, earning $74.74 million; it currently still holds 91.6 trillion SHIB, worth $418 million.