ChainCatcher Latest News: The blockchain data monitoring platform Spot On Chain reports that within the past hour, an early SHIB whale deposited an astonishing 399.99 billion SHIB into the Gemini exchange, worth approximately 9.69 million USD. This move has garnered widespread attention in the market.

Back on August 7, 2020, this whale acquired 15.2 trillion SHIB for just 10 ETH. Over time, this investor still holds 2 trillion SHIB, with a market value of approximately 48.54 million USD. According to data analysis, this whale has realized a profit of 107.7 million USD from the SHIB investment, achieving a 3.7 times return on investment.

This event once again highlights the importance of on-chain data analysis in capturing market dynamics.