5,000 SHIB Owners Bought It at All-Time Low, Now Holding at 1,000% Unrealized Profit


U.Today reported that according to data provided by IntoTheBlock, close to 5,000 traders and investors bought Shiba Inu token close to its all-time low, which currently shows more than a 1,000% price increase. While there are some wallets that currently hold Shib with a huge 1,000% profit, the majority of addresses that purchased SHIB close to the ATL have most likely sold their holdings on the token's way to the new ATH. The 5,000 SHIB holders mentioned in the on-chain data are the ones who have not sold any of their holdings and are still choosing to hold rather than sell their funds.