Whale Transfers 600 Billion SHIB Amid Massive Holdings

On-chain data reveals that a major SHIB whale, who originally purchased 103 trillion tokens for $13,700 in 2020, has transferred another 600 billion SHIB worth $3.09 million. The whale previously held 17.4% of the total supply, which peaked at a value of $9.1 billion in 2021. Since then, the address has sold 10.06 trillion SHIB for $66.6 million at an average price of $0.0000066. The wallet currently retains 93.27 trillion SHIB, valued at approximately $478 million.