On-chain data analytics platform Spot On Chain revealed that an early Shiba Inu (SHIB) investor deposited 399.9 billion SHIB, worth approximately $9.69 million, to the Gemini exchange recently. This notable address had initially purchased a massive 15.2 trillion SHIB with just 10 ETH on August 7, 2020, demonstrating early belief in the meme coin's potential. Despite selling a significant portion of their holdings, the address still holds 2 trillion SHIB, currently valued at approximately $48.54 million. The investor's unrealized profits from their SHIB holdings now exceed a staggering $177 million, highlighting the remarkable returns that early adopters have enjoyed. This latest deposit to Gemini suggests that the whale investor remains bullish on SHIB's long-term prospects.

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