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Dormant Shiba Inu whale sells 100B SHIB: What about price? Ambcrypto 12 نوامبر 2024

Dormant Shiba Inu whale sells 100B SHIB: What about price? 🐋

A dormant Shiba Inu whale recently made headlines by selling 100 billion SHIB tokens, an equivalent of $2.85 million. Despite the substantial liquidation, the memecoin demonstrated unexpected resilience. Interestingly, following the sale, Shiba Inu's price surged by 16.34%.

This phenomenon highlights a curious market reaction where substantial sell-offs usually lead to price drops. Instead, Shiba Inu's value increased, reflecting the token's distinct market dynamics and possibly investor confidence in its long-term viability.

The activity of dormant whales can sometimes cause market volatility, but the increase in SHIB's price post-sale may suggest strategic investor sentiment or external market factors influencing its value change.

منبع: ambcrypto.com ↗

مقالات مشابه (36)

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Old Giant Awakens: Shiba Inu Up 35% as Whales Move SHIB
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Shiba Inu to surge? Whales scoop up 1.67T SHIB – Could a 45% hike be next?
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Shiba Inu Whale Activity Sees 148% Surge In Large Transaction Volume, Price Dips Coinpedia 24 نوامبر 2024
Shiba Inu Whale Activity Sees 148% Surge In Large Transaction Volume, Price Dips
Shiba Inu set for a breakout? Whale activity suggests big moves ahead Ambcrypto 25 نوامبر 2024
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Dormant SHIB Whale Sells 100 Billion Tokens as Shiba Inu Experiences 16.34% Price Surge Coinotag 12 نوامبر 2024
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Shiba Inu (SHIB) Price Surge Sparks Speculation on Whale Activity and Market Trends Coinotag 18 نوامبر 2024
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Whales Acquire 1.67 Trillion SHIB Tokens, Raising Speculation for Potential Bullish Momentum Coinotag 22 نوامبر 2024
Whales Acquire 1.67 Trillion SHIB Tokens, Raising Speculation for Potential Bullish Momentum
Shiba Inu (SHIB) Sees Price Surge Amid Decline in Whale Activity and Increased Retail Trading Coinotag 23 نوامبر 2024
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Shiba Inu Sees 148% Surge in Large Transactions Amid Market Pullback, Raising Questions About Future Price Movements Coinotag 24 نوامبر 2024
Shiba Inu Sees 148% Surge in Large Transactions Amid Market Pullback, Raising Questions About Future Price Movements
Shiba Inu’s Recent Price Gains Amid 70% Drop in Whale Activity Suggest Strong Retail Interest Coinotag 16 نوامبر 2024
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