Shiba Inu Investor Buys Over 323,100,274,666 SHIB Following Two-Year Silence

Shiba Inu investor purchases more than 323 billion SHIB tokens in just three hours, marking their return to the market after a two-year hiatus. This whale address, which initially received 167 billion SHIB in April 2021, has carried out an impressive 156 transactions involving millions to billions of Shiba Inu tokens. The address acquired 149.3 billion SHIB with 1,000 wrapped Ethereum (WETH) valued at $3.83 million, and later added an additional 173 billion SHIB to their holdings. In total, the investor swapped 2,188 WETH for 323 billion SHIB, worth $8.29 million. As of now, the investor has not sold or distributed any of their tokens. Interestingly, Shiba Inu represents their primary asset, with negligible quantities of other assets in their portfolio. It remains to be seen if the investor will follow their previous trading pattern, where they staked the tokens for a few months before selling them off for a substantial profit. Shiba Inu is already showing signs of recovery, with an 8% spike in the past 24 hours, reclaiming the $0.00025 price territory.