$8,000 Against a Paper Valuation of $5.7 Billion: Where Do On-Screen Gains End?
An unknown wallet bought around 70 trillion SHIB for approximately $8,000 in 2020. At the October 2021 peak, the holding’s theoretical value reached about $5.7 billion—but that was a paper valuation, not a guarantee that the entire amount could be sold at that price.
How do you measure a paper gain that you can’t fully convert into cash?
$SHIB #SHIB #Crypto
An unknown wallet bought around 70 trillion SHIB for approximately $8,000 in 2020. At the October 2021 peak, the holding’s theoretical value reached about $5.7 billion—but that was a paper valuation, not a guarantee that the entire amount could be sold at that price.
How do you measure a paper gain that you can’t fully convert into cash?
$SHIB #SHIB #Crypto