Early SHIB whales transferred 800 billion tokens to the exchange, leaving them with a remaining holding value of $588 million.

PANews reported on April 30th that, according to on-chain analyst Yu Jin, the top holder who purchased 103 trillion SHIBOR (17.4% of the total supply) with only 37.8 ETH (US$13,700) in 2020 has transferred 800 billion SHIBOR (US$4.91 million) to the Coinmena exchange in the past day. At its peak in 2021, its 103 trillion SHIBOR was worth US$9.1 billion. Currently, the vast majority of its holdings remain unsold, with 95.42 trillion SHIBOR (16.2% of the total supply), worth US$588 million.

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Author: PA一线

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