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The largest SHIB holding address transferred 469 billion tokens to the exchange, still holding 16.4% of the total supply.
【CryptoWorld】A massive SHIB transfer has attracted attention. According to on-chain data tracking, the address holding the largest amount of SHIB transferred 469 billion SHIB to an exchange in the past 9 hours. This transfer is valued at approximately $3.64 million.
This address has a notable background. Going back to 2020, it used just 37.8 ETH (worth about $13,700 at the time) to buy 103 trillion SHIB. That early position’s market value soared to $9.1 billion at the 2021 market peak, making it a perfect long-term investment.
Although it has undergone some partial reduction, this address still controls 96.684 trillion SHIB, accounting for 16.4% of the total SHIB supply, with a total value of $726 million. As the largest single holder in the market, every move it makes can influence market expectations.