Svmuu reported that according to on-chain analyst Yu Jin @EmberCN, a whale who initially purchased 103 trillion SHIB with 37.8 ETH transferred 800 billion SHIB, worth approximately $4.91 million, to an exchange over the past day.
At the 2021 peak, the value of this address's holdings once reached as high as $9.1 billion. It currently still holds approximately 95.42 trillion SHIB, accounting for about 16.2% of the total supply, valued at approximately $588 million at the current price.
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A whale transferred 800 billion SHIB to an exchange, still holding 95.42 trillion SHIB
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Disclaimer: This content reflects the author's personal views only and does not constitute investment advice.
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Next: BSB is currently trading at $0.455, with a maximum 24-hour drop of 65%. It was previously suspected that the Block Street team address transferred BSB worth $3.65 million to Bybit.
24H Trending
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ETH inter-exchange spread reaches 1.11%
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The Nikkei 225 index is down 2.72% from its previous close, currently at 62,903.43.
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Tether, Circle, Ripple, and other stablecoin issuers have frozen over $2.6 billion in assets linked to suspected security breaches at Binance.
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Samsung Electronics fell 4.31% from its previous close, now trading at ₩222,000.
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South Korea's KOSPI index is down 4.77% from its previous close, currently at 5,654.61.
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Taiwan's TAIEX fell 2.68% from its previous close, currently at 45,125.33.
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Binance hacker finishes dumping UNI, ENA, PEPE, LINK, AAVE, ONDO, WLD for 70,480 ETH ($158.25M)
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Samsung Electronics is down 5.82% from its previous close, now trading at ₩218,500.
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