Shiba Inu Wallet Holds onto 5 Trillion SHIB for Over Four Years

A top-50 Shiba Inu wallet has been holding onto 5 trillion SHIB for over four years without selling, drawing attention from the community as a long-term holding case.

The wallet received the SHIB in November 2021, just after Shiba Inu hit its all-time high of $0.00008845 on October 28, 2021.

Transaction records show that the wallet has not moved SHIB outside even once since then, and it kept holding through multiple market cycles, including a sharp drop in value from $281.98 million to $25.35 million.

The Shiba Inu community is paying attention to this wallet as an example of 'diamond hands,' where the owner did not sell their holdings even after a significant price drop.