Shiba Inu Trader Hits Jackpot with $23.5 Million Profit

The post Shiba Inu Trader Hits Jackpot with $23.5 Million Profit appeared first on Coinpedia Fintech News

An unknown whale address has realized up to $23.5 million from investing in Shiba Inu in under two months. Following this large purchase, Shiba Inu continued to trade until February 28, when the price exploded. At its peak on March 5, Shiba Inu traded as high as $0.000045, with the whale gaining substantial profits. Further, the whale shuffled his portfolio when Shiba Inu was still around $0.00009, moving 500 billion of his SHIB holdings to Gate.io and adding 200 billion tokens from Binance. Lastly, on February 27, the addresses added 100 billion tokens, just before Shiba Inu’s run began. The trader moved around 241 billion Shiba Inu tokens to Binance, with Shiba Inu trading at an average of $0.000029 on the day and realizing up to $6 million from the sale.