November 17, 2021

Secretly This Unknown Whale Bought 171 Billion Shiba Inu (SHIB)!

 The crypto market correction is still going on and some whales have made purchases of 171 billion Shiba Inu (SHIB).


The first transaction done yesterday saw SHIB bought up to $ 6 million worth of. Back then, the meme token’s trading price was at $ 0.000049.


Later, the whale made a second SHIB purchase worth $ 2.3 million when the asset price was at its lowest level, $ 0.000048.


The activity of most whales taking chances when the market is turbulent brings SHIB price expectations to make a u-turn.



However, as of this writing, the Shiba Inu is still trading at a flat price of $ 0.000048.


Based on observations, SHIB has slipped more than 10% since yesterday from a daily high, 0.000053 to a daily low, $ 0.000047 today.


Trading volume records show that almost 98% of retail investors are not interested in speculating on SHIB tokens.


One of the main factors is due to the sharp decline in interest, driven by a large loss of SHIB value if it is again faced with a correction of 40%.


However, it is impossible for the SHIB price to continue to decline as long as there is demand for this asset.