Unexpectedly, a huge purchase by a “unknown whale,” a term used to describe important investors in the cryptocurrency field, sent the Shiba Inu token market into a frenzy of excitement.
This unidentified investor was discovered by the Etherscan explorer and just an hour ago, he purchased an incredible 60 billion SHIB, which is worth an astounding $444,000.
What’s Next for Bitcoin? Galaxy Foresees 74% Rise with ETF
With an astonishing 73.255 billion Shiba Inu tokens, worth a significant $541,350, this mystery entity currently has a large portfolio.
Mysterious Whale Invests $444,000 in SHIB: 118% Upside Expected,Mysterious Whale Invests $444,000 in SHIB: 118% Upside Expected
The sudden rise in prominence of this mysterious investor adds to the intrigue of this event. Their first-ever Shiba trade was only a month ago, and in that short time, their holdings of Shiba Inus had increased to half a million dollars.
Even more remarkable is the fact that one SHIB acquisition accounts for over half of their entire digital holdings, which come to a whopping $1.38 million. Will the price history of SHIB occur again? Notable is also the timing of this significant transaction. The community is starting to speculate more and more that the Shiba Inu coin is about to have a profitable surge.
ADA Whales Break 3-Month Record, Joining Bitcoin and Ethereum
Reputable analyst Ali Martinez pointed out that the weekly chart of SHIB showed a buy signal flashing on the TD Sequential indicator.Notably, this indicator has shown positive indications in the past two times, with price increases of 118% and 71%, respectively.
With the cryptocurrency market still surprising everyone, all eyes are on SHIB as they wait to see how this big investment will affect the company’s price trajectory. Price Prediction for #Shibarium
Mysterious Whale Invests $444,000 in SHIB: 118% Upside Expected,Mysterious Whale Invests $444,000 in SHIB: 118% Upside Expected,Mysterious Whale Invests $444,000 in SHIB: 118% Upside Expected, SHIB coin Crypto news, SHIB coin News