SHIB’s top holder sold 3.8 trillion SHIB tokens—worth approximately $20.73 million—over the past month.

TechFlow News, June 22: According to Yujin’s monitoring, the largest SHIB holder—often referred to as the “top supporter”—has sold 3.8 trillion SHIB tokens over the past month, worth approximately $20.73 million; during this period, SHIB’s price fell by 14.5%. This address originally purchased 103 trillion SHIB tokens in 2020 for just 37.8 ETH (about $13,700), representing 17.4% of the total supply. At SHIB’s peak price in 2021, this holding was valued at up to $9.1 billion; however, the holder has sold only a small portion of it over the years. As of now, the address still holds approximately 96.27 trillion SHIB tokens—16.3% of the total supply—valued at roughly $457 million.