Data: Early SHIB investors buy back $18.5 million worth of SHIB again

According to ChainCatcher news, monitored by Spot On Chain, an early buyer entity that previously made a profit of $145 million on SHIB has re-accumulated the token after 2 years.

In the past 5 hours, the entity exchanged 4,849 WETH ($18.5 million) for 71.58 billion SHIB.

The entity still holds 9,207 ETH and WETH ($34.9 million) and may continue to purchase more.

Previously, the entity traded 82.9 trillion SHIB between February 2021 and June 2022. Most of the SHIB was bought in early March 2021 and then sold during the peak period from October to November 2021, yielding a total profit of $145 million (+ 5,201%).