SHIB holder bought 3.49 trillion tokens, here's how much was gained $SHIB ShibArmy SHIBCommunity Shiba
The"smart money," according to Lookonchain,"hodled" his investment until April 2021 before he/she began to sell. And since April 13, 2021, the large holder has transferred out a total of 2.94 trillion SHIB. The latest transfer was 207.2 billion SHIB, or $1.9 million worth, moved to Binance.
Presently, the big holder has 0.55 trillion, or 546 billion SHIB, worth $4.86 million, left in his/her SHIB bag. The analysis of how this whale made $23 million, according to Lookonchain, goes thus: assuming he sells SHIB at the price he transferred it out at various times according to etherscan data, he will make $18.3 million on all of the SHIB he sold.Then, coupled with the $4.86 million that is the value of his remaining SHIB holdings, this totals over $23 million.
Shiba Inu rallied millions of percent in 2021 as it gained traction following its August 2020 launch. Taken from all-time lows of $0.000000000082 reached on Sept. 1, 2020, SHIB is up a whopping 10.8 million percent, or 10,899,779%, according toSadly, SHIB has underperformed this year in price action, down 90% from all-time highs of $0.000088 attained in October 2021.
At the time of publication, SHIB was down 3.16% at $0.0000088 and currently ranks as the 16th largest cryptocurrency by market valuation.
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