Early SHIB investors buy another $18.5 million worth of SHIBs
An entity that was an early buyer of SHIB, which made a profit of $145 million, has been monitored for increasing its holdings of the token after 2 years.
In the last 5 hours, the entity exchanged 4,849 WETH ($18.5 million) for 715.8 billion SHIB.
The entity still holds 9,207 ETH and WETH ($34.9 million) and may continue to buy more.
Previously, the entity traded 8.29 trillion SHIB between February 2021 and June 2022. most of the SHIB were bought at the beginning of March 2021 and then sold during the peak period of October-November 2021 for a total profit of $145 million (+5201%).
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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