Shiba Inu ($SHIB) investor offloads 3.8 trillion tokens in the past month, marking a notable shift in holdings for the crypto asset.
Investor Activity Overview
The wallet, recognized as one of the earliest backers of Shiba Inu, originally acquired 103 trillion $SHIB in 2020 for 37.8 ETH—roughly $13,700 at that time. After maintaining roughly 17.4 % of the total supply, the address has now transferred 3.8 trillion tokens, valued at an estimated $20.73 million under current market conditions.
Current Holdings and Valuation
Despite the recent sell‑off, the same wallet still controls about 96.27 trillion $SHIB, representing roughly 16.3 % of the circulating supply. At today’s price, those remaining tokens are worth close to $457 million, a stark contrast to the $9.1 billion peak valuation recorded in 2021.
Price Movement and Market Context
During the month of the disclosed sales, $SHIB’s price slipped by 14.5 %, contributing to its present level, which sits 94.72 % below the all‑time high. The decline underscores ongoing volatility for investors navigating the blockchain‑driven crypto market.