New whale adds 648B Shiba Inu at once.
A brand-new Shiba Inu Whale is born and becomes the 66th biggest Shiba Inu holder by adding millions of coins.
The data further reveals that following the massive transaction, the nascent Whale makes it to the list of “Top 100 Shiba Inu Whales”. The Whale is now ranked as the 66th biggest holder of SHIB.
The transaction comes after Shiba Inu’s price stabilizes above the critical support level at $0.00000886 on the daily chart. SHIB has been trading above this critical support level since November 23rd, 2022.
Being current support in place, the short-term bias is Bullish. But to surge higher, Shiba Inu must conquer the current resistance at $0.00000961. However, breaking below $0.00000886 will negate the bullish bias and could lead SHIB to reach the next critical support at $0.00000717 on the chart.
Besides this, Shiba Inu is still gaining much traction among exchanges. As reported earlier by TheCryptoBasic, a Singapore-based global crypto exchange, Bitcastle listed Shiba Inu with a special “LOGIN Bonus Campaign” for the community.
As of writing, Shiba Inu is trading at the price of $0.00000924, up 0.22% over the last day, with a 24-hour trading volume of $111,414,319 ($111.41M). In such a huge daily volume, the whale’s current $6M buying of SHib did not help the price to rise.