of bitcoin The failure of the $25,000 attempt and the withdrawal to $23,000 also reduced the risk appetite in altcoins.
Meanwhile, a large shiba inu large amount of whale SHIBSending ‘ to the stock markets made investors nervous.
A SHIB whale address sent 182 billion SHIB tokens to Gemini and Cryptocom exchanges this morning, according to data from Lookonchain.
It was stated that the same whale moved more than 200 billion SHIB tokens to Cryotocom 3 months ago, and after that, the SHIB price dropped by 7%.
According to Etherscan data, the whale in question has 3.1 trillion Shiba Inu tokens worth about $40 million. Wallet bought his first Shiba Inu in August 2020 and paid $3000 for them at the time.
It is not yet known whether this move of the SHIB whale is a harbinger of a new decline. Although sending a token to the stock market creates an opinion that it will be sold, it does not mean that it will be sold directly. Experts state that it is not correct to trade only according to this data.
Price action after the transfer 3 months ago:
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