The whale/institution that made a large position in SHIB two years ago has currently made a floating profit of 13.75 million US dollars

Bitget2024/06/07 03:25

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According to Golden Finance, on-chain analyst @ai_9684xtpa has observed that a whale/institution that made a large position in SHIB two years ago seems to be preparing for profit-taking in batches, currently with an unrealized gain of $13.75 million. The address 0x465...FDb12 (marked as AmberGroup related address by Arkham) transferred 1.36 trillion SHIB (worth $17.23 million) from Binance between September 2022 and February 2024, with an average cost of $0.0000126619 per SHIB. Four hours ago, 1.11 trillion SHIB were moved to the new address 0x7b6...58d90 and recharged into Binance with about 70.9 billion among them; if all sold out it will make a profit of $90 thousand.

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