SHIB Super Whale Movement: Holding 96.684 trillion tokens, recently transferred to exchanges

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【Blockchain Rhythms】Interesting things are happening. An address back in 2020 spent only 37.8 ETH to buy 103 trillion SHIB, accounting for 17.4% of the total supply at that time. This investment later became legendary—at its peak in 2021, these coins were worth up to 9.1 billion USD, a truly fantastic return.

Recently, there’s a new development. This “Top Address” transferred 469 billion SHIB (worth about 3.64 million USD) to a major exchange 9 hours ago. It looks like they are considering reducing their holdings or adjusting their position.

But on the other hand, they still hold a large amount of chips. They currently hold 96.684 trillion SHIB, accounting for 16.4% of the total circulating supply, worth approximately 726 million USD. The vast majority of this position has never been sold and has been sitting in their wallet all along. Every move of this account has a significant impact on the SHIB market.

SHIB1.08%
ETH-0.03%
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