SHIB Trader That Made $145M Swaps Position To NEIRO, More Gains Ahead?
According to on-chain data facilitated by Spotonchain dated October 8, the SHIB trader who made $145 million trading Shiba Inu, a dog-themed meme crypto, is swapping their losing NEIROETH holdings for NEIRO. As per the data, the trader recently sold $1.22 million worth of NEIROETH with a loss of 55% after a month’s holding.
Subsequently, the trader bagged $1.45 million worth of NEIRO, bringing total holdings for the token to $6.51 million. The trader currently holds an unrealized profit of more than 67% with this latest accumulation.
In the interim, it’s also worth noting that the same trader has an unrealized profit of over 32%, holding $4.61 million worth of FET. These notable profits underscore experienced trading and profit-making strategies, in turn sparking optimism surrounding NEIRO token’s future price action. Meanwhile, it’s noteworthy that the investor also holds 477.5 billion SHIB, worth $8.41 million, hinting that even Shiba Inu could pump ahead.
As mentioned above, the experienced SHIB trader’s massive accumulation ignites further optimism about the future price movements of the token. Additionally, a recent CoinGape Media report revealed that NEIRO boasts strong on-chain activity, adding to bullish market sentiments on future price action.
It’s also worth mentioning that the SHIB price traded at $0.0015747 today, down nearly 4% in the past 24 hours. Its intraday low and high were $0.0015116 and $0.001686, respectively.
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