Data: An early buyer of SHIB purchased over 3 million FET, worth 3.5 million dollars

ChainCatcher news, according to Spotonchain monitoring, a certain early SHIB buyer is swapping their losing SHIB position for rising FET tokens. In the past 10 hours, this whale has exchanged 25.562 billion SHIB (worth 3.5 million USD) for 3.114 million FET. Notably, this whale made a profit of 145 million USD (up to 52 times) from their first SHIB transaction between February 2021 and June 2022. However, the recent SHIB token transactions from this address have not been favorable, with an unrealized loss of 11.51 million USD (-45.9%) on their second transaction since June 2024. The operation performed well when the FET price rose by 14%. Currently, the whale still holds 71.3 billion SHIB (worth around 10 million USD).