The largest SHIB holding address transferred $3.64 million worth of SHIB to an exchange and still holds a $726 million position.
According to Odaily, on-chain analyst Yu Jin monitored that the largest SHIB holding address transferred 46.9 billion SHIB, worth $3.64 million, to an exchange 9 hours ago. This address had purchased 1.03 trillion SHIB in 2020 using 37.8 ETH (about $13,700), and the value of this holding peaked at $9.1 billion in 2021. Currently, the address still holds 966.84 billion SHIB, accounting for 16.4% of the total supply, valued at $726 million.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
The Bank of England cuts interest rates by 25 basis points as expected
Bank of England Cuts Interest Rate by 25 Basis Points as Planned
Bitcoin-to-gold ratio falls to its lowest level since January 2024
