[An early SHIB buyer purchased 3.114 million FETs worth $3.5 million] Golden Finance reported that according to Spotonchain monitoring, an early SHIB buyer is exchanging his losing SHIB positions for rising FET tokens. In the past 10 hours, the whale exchanged 255.62 billion SHIBs (worth $3.5 million) for 3.114 million FETs. It is worth noting that the whale made a profit of $145 million (up to 52 times) in the first transaction of SHIB from February 2021 to June 2022. However, the recent SHIB token transactions of this address have not been good, and his second transaction since June 2024 has an unrealized loss of $11.51 million (-45.9%). The operation performed well when the FET price rose by 14%. Currently, whales still hold 713 billion SHIB (worth about $10 million).