$ETH
The address that bought 1.03 quadrillion SHIB with just 37.8 units in 2020 has transferred out another 600 billion SHIB today, with a single transfer of roughly $3.09 million.
This address previously held 17.4% of the total supply and once had a peak net worth of $9.1 billion. Before today, it had already cashed out a total of 100.6 trillion SHIB at an average price of $0.0000066.
The long-dated allocation obtained for 37.8 ETH at the time is now being continuously realized. This massive selloff flow directly triggers a short-term deviation in contract funding rates, forcing late-chasing long positions to be liquidated when liquidity thins.
The address that bought 1.03 quadrillion SHIB with just 37.8 units in 2020 has transferred out another 600 billion SHIB today, with a single transfer of roughly $3.09 million.
This address previously held 17.4% of the total supply and once had a peak net worth of $9.1 billion. Before today, it had already cashed out a total of 100.6 trillion SHIB at an average price of $0.0000066.
The long-dated allocation obtained for 37.8 ETH at the time is now being continuously realized. This massive selloff flow directly triggers a short-term deviation in contract funding rates, forcing late-chasing long positions to be liquidated when liquidity thins.
