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⛓️ Crypto🔴 BearishImportance 6/10
80% Down: Shiba Inu Whale Finally Exits After 2-Year Hold
🤖AI Summary
A Shiba Inu whale who held 14.5 billion SHIB tokens for nearly two years finally exited their position at an 80% loss, recovering only $84,640 from an original $506,830 investment. The wallet remained inactive throughout SHIB's decline from its March 2024 peak, ultimately transferring the tokens to OKX exchange for what appears to be a complete liquidation.
Key Takeaways
- →A major SHIB holder lost $422,190 (80% of investment) after holding for nearly two years without any trading activity.
- →The investor bought SHIB near its March 2024 peak around $0.000045 and sold near current levels around $0.0000063.
- →SHIB has declined 82% from its 2024 highs, with the token hitting lows of $0.0000051 in February 2025.
- →The wallet showed no active management during the decline, with only spam transfers recorded over the holding period.
- →The final transfer to OKX's hot wallet signals the whale's complete exit from their SHIB position.
Read Original →via NewsBTC
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