Holding SHIB for 4 Years, Still Worth $457 Million; Top Address Sells 3.8 Trillion SHIB in the Past Month

According to monitoring by on-chain analyst Ember, in 2020, an address purchased 103 trillion SHIB with 37.8 ETH, accounting for 17.4% of the total supply, worth $13,700 at the time. Over the past month, this address has sold 3.8 trillion SHIB in batches, worth $20.73 million. SHIB has fallen 14.5% in the past month.

The 103 trillion SHIB held by this address was worth $9.1 billion at the price peak in 2021. Currently, it still holds approximately 96.27 trillion SHIB, accounting for 16.3% of the total supply, worth $457 million.