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HomeCrypto NewsMarketTop Whale Shifts 150 Billion Shiba Inu To Crypto.com

Top Whale Shifts 150 Billion Shiba Inu To Crypto.com

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Biggest ETH Whale Transfers Shocking $1.50 Million Worth of Shiba Inu (SHIB) to Crypto.com.



The Biggest ETH Whale just transferred an alarming 150 Billion SHIB to Crypto.com wallet as Shiba Inu retreats from a critical resistance level at $0.00001020 on the 4-hour chart.

Stats from Etherscan.io shows that the Biggest ETH Whale shifts a teary 150,000,000,000 (150B) SHIB, worth $1,504,500 ($1.50M) to a wallet associated with Crypto.com in one significant transaction.

Biggest ETH Whale Solds 150 Billion SHIB to Cryptocom
Biggest ETH Whale Shifts 150 Billion SHIB to Crypto.com

The deep-pocketed ETH investor still holds a whopping 23,449,119,930,384 (23.44T) SHIB, worth $235,194,672 ($235.19M).

Soon after the Whale transfers such a considerable amount of canine-themed cryptocurrency, Shiba Inu’s price begins to retreat from the critical resistance level at $0.00001020 on the 4-hour chart.

SHIB Retreats from Crucial Resistance following ETH Whale Selling
SHIB Retreats from Crucial Resistance following ETH Whale Selling

Since October 18th, Shiba Inu has traded sideways within a narrow range of $0.00000960 – $0.00001020. The Whale selling at the upper level of the range indicates the continuation of a sideway trend in the near term.

At the time of writing, Shiba Inu is trading at the price of $0.000009983, down 0.06% over the last day, with a 24-hour trading volume of $121,277,906 ($121.27M).

As per Coingecko, Shiba Inu has continued to underperform for the past 30 days. As of the current trading price, Shiba Inu is down -9.7% over the last month, -9.2% over the past fourteen days, and -2.6% over the past week.

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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.

Disclaimer: The content is for informational purposes only, may include the author's personal opinion, and does not necessarily reflect the opinion of TheCryptoBasic. All Financial investments, including crypto, carry significant risk, so always do your complete research before investing. Never invest money you cannot afford to lose; the author or the publication does not hold any responsibility for your financial loss or gains.

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