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Top Whale Dumps 3 Trillion Shiba Inu

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Top Whale Gets Rid Of 3 Trillion Shiba Inu.


Shiba Inu’s Price Might Experience Further Bearish Pressure as the 2nd Biggest SHIB Whale Sold an Alarming 3 Trillion SHIB, Worth $32.94 Million in One Transaction.

The Biggest SHIB Whale sold a spine-chilling amount of Shiba Inu in one transaction as the value of the most popular canine-themed cryptocurrency breaks below the critical support level located at $0.00001173 on the 4-hour chart.

Etherscan.io reports that the 2nd biggest deep-pocketed SHIB investor just showed creepy behavior towards holding Shiba Inu tokens and sold 3,000,000,000,000 (3T) SHIB, worth $32,940,000 ($32.94M) to one of the Binance wallet tagged “Binance 14” while performing one aggravated transaction about 4 hours ago.

SHIB Whale Sold Trillions of Shiba Inu
SHIB Whale Sold Trillions of Shiba Inu

Despite this formidable selling, the biggest Whale still holds an encouraging 45,732,607,971,750 (45.73T) SHIB, worth $502,144,035 ($502.14M) in her wallet.

Here’s why the Biggest SHIB Whale Gets Rid of Canine-Themed Crypto:

The selling of the Shiba Inu token comes after the price of Shiba Inu breaks below the critical support level located at $0.00001173 on the 4-hour chart. Since 28th July, the price of Shiba Inu has traded at a critical support level. The recent widespread sell-off in the global crypto market caused Shiba Inu’s price to slip below the $0.00001173 mark to reach the next support level located at $0.00000991 on the 4-hour chart.

Shiba Inu Technical
Shiba Inu Technical

According to CoinMarketCap, the value of Shiba Inu is now down more than 14% over the past week. At press time, the Shiba Inu is seen trading at the price of $0.00001057, down -2.58% over the last day with a 24-hour trading volume of $233,364,287 ($233.36M).

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Zabi
Zabi
Zabi is crypto enthusiastic with more than 10 years of experience in managing Google News-approved Finance websites. Zabi has a strong background in finance with a thorough understanding of cryptos and a solid grip on the crypto and financial market industry. Along with his passion for crypto writing, Zabi manages his personal stock and finance-related Google News-approved websites.

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