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.
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.
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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