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Steve Aoki has finally closed his entire Shiba Inu position. He sold 800k SHIB for just $10,340 — after holding for many years. In other words, he has completely exited the Shiba Inu coin.
According to a report from Arkham Intelligence, this sale is just the beginning. Over the past few weeks, Aoki also sold his Pepe holdings and limited his ETH holdings to 5. Everything was sent to an exchange. It seems that the SHIB he bought in January 2024 for $5,000 has now dropped significantly.
Additionally, he still owns 7 NFTs from Bored Ape Yacht Club, which was an investment of over $800K in 2021. But now, each one is only worth about $13,800. So basically, DJ has suffered heavy losses in both NFTs and Shiba Inu coin. Is this the reality of the market or just Aoki’s mistake?