News linked to both this project and an event.
According to on-chain analytics platform Lookonchain (@lookonchain), an early OG whale sold 800 billion $SHIB tokens (approximately $4.9 million) today. This whale initially purchased 103.33 trillion $SHIB for just $13,760, and at its peak, the holding was worth as much as $8.9 billion. Over the past several years, the whale has cumulatively sold 4.06 trillion $SHIB, realizing approximately $37.6 million in proceeds. It still holds 99.27 trillion $SHIB (valued at roughly $625 million), representing 16.84% of the total supply. Its total profit has exceeded $660 million, with a return on investment of up to 48,000x.
Odaily Planet Daily 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.