An early whale transferred out approximately 1.07 trillion SHIB, worth around $4.94 million.

TechFlow reported that on Nov 3, according to Ashes monitoring, an early SHIB holder transferred out approximately 1.07 trillion SHIB, valued at around $4.94 million. The accompanying image shows that the relevant address transferred SHIB in three batches to the Forwarder: approximately 472.7 billion, 390 billion, and 210 billion SHIB respectively.

Ashes stated that the holder purchased 103 trillion SHIB in 2020 for 37.8 ETH (approximately $13,700), has since cumulatively sold about 11.73 trillion, and currently still holds approximately 91.6 trillion SHIB in the address, valued at around $418 million.