SHIB's Top Holder Transfers Out $4.94M SHIB Again, Remaining Position Valued at $418M

PANews, November 3 - According to on-chain analyst Yujin's monitoring, the "top holder" who bought 103 trillion SHIB (17.4% of total supply) with just 37.8 ETH ($13,700) in 2020 transferred out 1.07 trillion SHIB ($4.94 million) today. These 103 trillion SHIB were worth $9.1 billion at their peak in 2021. The holder has sold 11.73 trillion SHIB (approximately $74.74 million) cumulatively in 2021 and this year, at an average price of about $0.0000064, and the address still holds 91.6 trillion SHIB ($418 million).