A whale sold 5.39 million USD of SHIB tokens, making a profit of over 15 million USD
According to Spot On Chain early memecoin holders have started cashing out following the market disturbance caused by the new Trump token. A SHIB whale named "0x3de," who has held the coin for four years, sold 216 billion $SHIB for 1,587 ETH (approximately $5.39 million) about three hours ago. The whale purchased 664.22 billion $SHIB for only $4,510 in February 2021 and still holds 38.4 billion tokens (valued at approximately $832,000), with a cumulative profit of $15 million and a high yield of 30,000%.
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