SHIB “Top Holder” Moves Out Another $4.94M in SHIB, Remaining Holdings Worth $418M

Nov. 3: According to monitoring by on-chain analyst Yu Xian, the “top holder” who in 2020 spent just 37.8 ETH ($13,700) to buy 103 trillion SHIB (17.4% of the total supply) transferred out 1.07 trillion SHIB ($4.94 million) today. At its 2021 peak, that 103 trillion SHIB was worth $9.1 billion; the address sold 11.73 trillion SHIB (about $74.74 million) across 2021 and this year at an average price of about $0.0000064, and still holds 91.6 trillion SHIB ($418 million).