Trillions of SHIB Moved by Mysterious Whale, While SHIB Enters Unusual Top

SHIB

Almost 3 trillion Shiba Inu tokens moved by anonymous whale as price turns green

As revealed by Whale Alert, a portal that tracks large movements of wealth in the crypto space, an unidentified whale has transferred approximately 3 trillion Shiba Inu tokens between wallets, with the equivalent value of these SHIBs at 26.3 million. Dollar is. Both addresses are not highly active and are relatively recent. There are no other coins on these wallets except Shiba Inu.

The movement of trillions of SHIB came against the backdrop of two curious developments concerning the token directly.

Shiba Inu (SHIB) Price Action

Thus, the price of Shiba Inu token showed and continues to show interesting dynamics, trading in the green zone, after two days of decline. Reaching the upper limit of the price range around $0.0000095, SHIB made a false break and pulled back, but not too far.

This can be considered a first attempt to get out of the so-called bottom. Recall that it was this zone, with the lower boundary at $0.0000085, that became the site of SHIB accumulation after the collapse of FTX.

Shib who is selling?!

The second development was the inclusion of SHIB among the top 10 most sold crypto assets over the past seven days, according to WhaleStats. If the portal’s data is accurate, the accounts of the top 100 Ethereum whales currently hold 7.7 trillion SHIB, which is equivalent to $70.73 million.

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