Dormant Shiba Inu Coin Whale Shifts 500 Billion SHIB; Dump Ahead?
Also Read: Ripple Counsel Withdraws From Case; US SEC To Gain Upper Hand? advertisement Shiba Inu Faces Selling Pressure As per Spot On Chain, a crypto whale shifted 499.6 billion Shiba Inu Coin (approx price $4.2 million) to crypto exchange Hotbit in a single transaction. It is important to note that the whale wallet came from a dormancy of 7.5 months. The whale is looking to take an exit from its accumulation spree in 2022. Shiba Inu price is on a constant decline despite the announcement of its much anticipated “SHIB THE METAVERSE”. SHIB price is trading at an average price of $0.000008, at the press time, down by 32% in the last 90 days. However, the whale is still in profit on its SHIB holding by 200%. Source: Spot On Chain As per the data, the whale wallet made an estimated profit of $70 million in 2021 Shiba Inu hype. It moved around 900 billion to Hotbit when Shina Inu was trading at an average price of $0.000065, making a profit ...