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🔥BULLISH Lookonchain

SHIB whale dumps another 800B tokens for $4.9M

The wallet that turned $13,760 into a peak $8.9B has now realized $37.6M in sales across four years — and still holds 99.27T SHIB worth $625M, over 16% of supply.

An early Shiba Inu whale who acquired 103.33T $SHIB for just $13,760 sold another 800B $SHIB ($4.9M) on Tuesday, adding to a multi-year sell-off that has now returned $37.6M in realized gains.

Why it matters

The wallet's original $13,760 outlay peaked at $8.9B during the 2021 meme-coin cycle — a 647,000x mark-to-market gain before any sales. The whale still holds 99.27T $SHIB, valued at roughly $625.41M, representing about 16.84% of SHIB's total supply. Cumulatively, realized gains now exceed $660M — a 48,000x return on cost basis.

Market impact

Selling pressure from legacy holders remains a structural overhang on $SHIB. With over 16% of supply concentrated in a handful of OG wallets, any continued distribution sets the ceiling for sustained price discovery. Watch on-chain for additional tranches from this address and parallel OG wallets.

Related tokens
$SHIB
#WhaleActivity#SHIB#Memecoin$SHIB

Frequently asked questions

  1. Who is the SHIB whale that sold 800B tokens?

    An early Shiba Inu whale who originally acquired 103.33T SHIB for $13,760 sold another 800B SHIB ($4.9M) on Tuesday, continuing a multi-year distribution.

  2. How much has the OG SHIB whale made in profit?

    Total realized gains exceed $660M from selling 4.06T SHIB over several years, with 99.27T SHIB ($625.41M) still held — a 48,000x return on the original $13,760 outlay.

  3. What share of SHIB supply does this whale control?

    The wallet still holds roughly 16.84% of SHIB's total supply, valued at $625.41M, making it one of the most concentrated legacy positions in the token.

  4. What was the peak value of the whale's original SHIB position?

    The 103.33T SHIB position was worth approximately $8.9B at its peak during the 2021 meme-coin cycle, a 647,000x mark-to-market gain before any sales.

  5. Why does whale selling matter for SHIB price?

    Concentrated legacy holders create structural selling pressure. With a single wallet controlling over 16% of supply, any continued distribution from OG addresses can cap sustained price discovery.

Source attribution
Aggregated from Lookonchain · Verified · Last refreshed 71d ago
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Lookonchain
Lookonchain ✓ @lookonchain · 71d ago
An OG whale, who once spent $13,760 to buy 103.33T $SHIB (worth $8.9B at peak), sold another 800B $SHIB($4.9M) today. This OG spent only $13,760 to buy 103.33T $SHIB, sold 4.06T $SHIB for $37.6M over the past few years, and still holds 99.27T $SHIB($625.41M) — 16.84% of the total supply. The whale's total profit now exceeds $660M — a 48,000x return! https://t.co/0A6YB3Fruw
An OG whale, who once spent $13,760 to buy 103.33T $SHIB (worth $8.9B at peak), An OG whale, who once spent $13,760 to buy 103.33T $SHIB (worth $8.9B at peak),
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