Shiba Inu ETH Whale Buys 2 Trillion SHIB as Token Drops 5%! Is This the Bottom?

A little over, a mysterious Ethereum wallet purchased a whopping 2 trillion Shiba Inu tokens during yesterday’s 5% dip. Was this a strategic move by a SHIB whale, or something more? Shiba Inu (SHIB) whale activity spiked dramatically in the last 24 hours, with 2.83 trillion tokens flowing out and in. This massive purchase comes amidst a turbulent period for SHIB, with concerns around whale selling and market volatility.

Why is Shiba Inu price dropping? Find out why the Shiba Inu price has crashed recently. One contributing factor could be attributed to whales selling significant amounts. Reports indicate that whales sold 13 trillion tokens recently, adding downward pressure on the price.

Large Transaction Volume Plummets: Hace 3 días, recent data shows Shiba Inu experienced a dramatic 74% decline in large transaction volumes, falling from 5.76 trillion SHIB to just 1.47 trillion in five days. This significant reduction suggests decreased institutional interest or a shift in whale strategy.

Will the SHIB Burn Help? Many investors are looking to the ongoing SHIB burn mechanism to potentially boost its value. Could burning tokens offset the impact of whale selling and declining transaction volume? We analyze the potential impact of the burn and the future outlook for Shiba Inu.

Is Now the Time to Buy? The 2 trillion SHIB purchase by an ETH whale raises the question: Is this a sign of confidence, signaling a potential bottom? We examine the technical indicators and fundamental factors influencing SHIB to help you make an informed decision.