The largest Shiba Inu (SHIB) whale has awakened from hibernation. The price fell sharply after the news. Will the whale, which converts $ 8,000 to $ 5.7 billion, make sales? cryptocoin.com We have compiled the details for you, let’s examine the subject together…
Biggest Shiba Inu (SHIB) whale awakens from hibernation!
The Shiba Inu wallet, which converted $8,000 to $5.7 billion according to Etherscan, is now active again. For the first time since April, a whale began transferring money, fueling fears of massive pressure from vendors. The Shiba Inu billionaire has so far transferred 10 trillion SHIB tokens worth approximately $2.7 billion to four empty addresses.
The wallet in question controls about 13% of the Shiba Inu’s total circulating supply. The investor started purchasing SHIB tokens in April 2020 and managed to turn it into a multi-billion fortune in just 19 months. The Shiba Inu token rose 825% in October, attracting the attention of the investment community. Last week, the altcoin managed to surpass Dogecoin by market cap and hit a new record high of $0.00008616 on October 28.
Shiba Inu crashed after whale address reactivated!
Some argue that the whale address in question is inaccessible and therefore the tokens remain untouched despite the huge gains. However, recent transfers show that this is definitely not the case. The Shiba Inu price dropped 11% after the whale address became active again.
Contact us to be instantly informed about the last minute developments. twitter‘in, Facebookin and InstagramFollow and Telegram and YouTube join our channel!
Disclaimer: The articles and articles on Kriptokoin.com do not constitute investment advice. Cryptokoin.com does not recommend buying or selling any cryptocurrencies or digital assets, nor is Kriptokoin.com an investment advisor. For this reason, Kriptokoin.com and the authors of the articles on the site cannot be held responsible for your investment decisions. Readers should do their own research before taking any action regarding the company, asset or service in this article.
Warning: Citing the news content of Kriptokoin.com and quoting by giving a link is subject to the permission of Kriptokoin.com. No content on the site can be copied, reproduced or published on any platform without permission. Legal action will be taken against those who use the code, design, text, graphics and all other content of Kriptokoin.com in violation of intellectual property law and relevant legislation.