Shiba Inu Whale Moves 1.07 Trillion SHIB Worth About $4.94 Million

Shiba Inu’s largest holder transferred about 1.07 trillion Shiba Inu (SHIB) tokens, valued at about $4.94 million, on Nov. 3. The wallet retained roughly 91.6 trillion SHIB, worth about $418 million.

The wallet acquired about 103 trillion SHIB in 2020 for 37.8 Ether (ETH), then worth about $13,700. The purchase represented 17.4% of SHIB’s total supply. At SHIB’s 2021 price peak, the tokens were valued at about $9.1 billion.

The address has sold about 11.73 trillion SHIB across 2021 and 2026, receiving roughly $74.74 million at an average price of about $0.0000064 per token. These figures are approximate: subtracting the reported sales from the original purchase yields 91.27 trillion SHIB, compared with the reported remaining balance of 91.6 trillion.