A Shiba Inu trader’s patience paid off when they made a fortune after selling the tokens they held for nearly 40 months.
According to an X post by on-chain tracking platform Lookonchain on Monday, a trader who had been inactive for 3.5 years sold his Shiba Inu tokens at a profit.
The trader initially purchased 48.09 billion SHIB tokens for 2 Ethereum, equivalent to $2,625, on February 1, 2021. The tokens were sold for 278.7 ETH, or approximately $1.1 million, representing a whopping 419X gain.