One of Shiba Inu’s oldest and largest investors is back in the spotlight today with a trillion-dollar token transfer.
According to data shared by on-chain researcher EmberCN, an investor who received approximately 103 trillion $SHIB in 2020 for only 37.8 ETH transferred 1.07 trillion $SHIB today. The value of the transferred tokens is estimated at approximately $4.94 million.
The value of the Ethereum the investor spent in the initial purchase was approximately $13,700 at the time. Over the years, $SHIB’s rise has transformed this small start into a portfolio worth hundreds of millions of dollars.
Know when your
coins move
According to EmberCN, the investor divested a total of 11.73 trillion $SHIB through sales in 2021 and this year. The amount obtained from these sales reached approximately $74.74 million.
Despite this, the investor still holds approximately 91.6 trillion $SHIB. The researcher’s report states that the total value of these assets is $418 million.
$SHIB, one of the main altcoins in the memecoin craze, even surpassed Dogecoin in total market capitalization at one point.
*This is not investment advice.
