Early SHIB whales transferred 800 billion SHIB to exchanges, currently still holding a total of 16.2%.

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Deep Sea TechFlow News. On April 30, according to on-chain analyst Yu Jin (@EmberCN) monitoring, an early SHIB whale transferred 800 billion SHIB (worth approximately $4.91 million) to the exchange Coinmena within the past 24 hours.

In 2020, this whale bought 103 trillion SHIB for only 37.8 ETH (about $13.7k), representing 17.4% of the total supply at the time. When SHIB’s price hit its all-time high in 2021, the whale’s holdings had at one point reached a market value of as much as $9.1 billion. Currently, most of the whale’s holdings have not yet been sold. It still holds 95.42 trillion SHIB, accounting for 16.2% of the total supply, with a current market value of about $588 million.

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