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Steve Aoki Sells $30,000 in SHIB and Ethereum, Transfers Funds to Gemini

Arkham-linked wallet activity shows Steve Aoki sold SHIB, ETH, and earlier PEPE, while his Bored Ape NFT holdings remain deeply below their 2021 purchase value.

ETH
USDT
SHIB

Summary

Arkham data shows a wallet linked to Steve Aoki sold 1.785 billion SHIB and 7.25 ETH, then moved $29,650 in USDT to Gemini. Two weeks earlier, the same wallet sold 4.155 billion PEPE through 1inch. The data also indicates Aoki still holds seven Bored Ape Yacht Club NFTs bought for more than $800,000 in 2021, while their current value is about $97,000, representing an 88% decline.

Terms & Concepts
  • SHIB: Shiba Inu, a meme-themed cryptocurrency token that trades on public blockchain markets.
  • USDT: Tether, a stablecoin designed to track the U.S. dollar and commonly used to move value across crypto markets.
  • NFT: A non-fungible token, a blockchain-based digital asset that represents unique ownership of an item such as art or collectibles.