421.6 Billion SHIB Sold by Mysterious Whale as Price Close to Burning Zero
👌🏻 According to a recently published tweet by the @spotonchain analytics platform, over the past 20 hours, a whale that had held almost half a trillion Shiba Inu meme coins has sold them at a massive loss.In the meantime, the second largest meme-inspired cryptocurrency Shiba Inu has closely approached the level where it can burn the fifth zero in its price.Mysterious whale deposits 421.6 billion SHIB to BinanceThe tweet from the above-mentioned on-chain data source states that the whale has sold a total of 421.6 billion at an average price of $0.000009437. The sale took place both on Binance and DEX (most likely, the Binance DEX in this context) — 311.6 billion Shiba Inu were sold on the Binance exchange and 110 billion SHIB were disposed of through the DEX.Additional data provided by @spotonchain beyond the tweet shows that this mysterious whale purchased these hundreds of billions of SHIB on HTX and Binance in November 2021. Prior to the current sale, the whale had held them for almost 2.5 years.Whale 0x30e allegedly sold 421.6B Shib($3.98M) at ~$0.0₅9437 in the past 6 hours, including:• deposited 311.6B M) to #Binance • sold 110B SDT on DEX.Truly selling now would cause the whale to lose $6.32M (-61.4%) after 2.5 years of holding!… pic.twitter.com/CGfN7CL42g— Spot On Chain (@spotonchain) February 24, 2024In case of a true sale, the analytics platform says, the whale will suffer a massive loss of $6.32 million.SHIB price close to removing zeroToday, the popular meme-themed cryptocurrency SHIB has printed a 3% rise, coming really close to the $0.00001 level, where one zero would be burned.On Tuesday, SHIB came even closer to breaking above that threshold as it reached $0.0000993. Since that, until earlier today, the Shiba Inu meme coin was in an almost 6% decline.At the time of writing this article, Shiba Inu is changing hands at $0.00000962 on the Binance exchange.SHIB burns stage riseShibburn transaction tracker spreads the word about a recent increase in the SHIB burn rate. It is marginal, though — 55.12% with a total of 52,059,153 SHIB transferred to unspendable wallets with a zero chance of withdrawal. The largest burn here took place six hours ago, sending 42,058,800 SHIB to a dead-end blockchain address. The second-largest one carried 9,992,557 SHIB.On Friday, the daily increase in SHIB burns comprised a whopping 8,512% with 86.1 million meme coins transacted to the zero SHIB addresses. .#TrendingTopic #Write2Earn #BTC #ETH
Welcome, Trader. Welcome to our cryptocurrency community!
We are going to discussing #LOOMUSDT 💹
#LOOMUSDT 🔥🚀 --------------- Update:
#LOOM forming a TRIANGULAR pattern over a 8 Hr time frame 👉✅. Liquidity is taken. Currently resting on the major support zone.✔😉 If it shows bullish momentum, we'll get a minimum of 48% move very soon📈👀 #Binance200M #BnbAth #TopCoinsJune2024 #ETHETFsApproved #FIT21 $LOOM
Welcome, Trader. Welcome to our cryptocurrency community!
We are going to discussing #WAVESUSDT 💹
#WAVESUSDT 🔥🚀 --------------- Update:
#WAVES forming a descending channel pattern over a 12 Hr time frame 👉✅. Liquidity grabbing from this level is done. we can see a possible bull turn can be seen.✔😉 Successful turn can lead up to 100% move very soon📈👀
Welcome, Trader. Welcome to our cryptocurrency community!
We are going to discussing #FTMUSDT 💹
#FTMUSDT 🔥🚀 --------------- Update:
#FTM forming bullish peanut pattern over a DAILY time frame 👉✅. It also grab the liquidity.Currently struggling on a major support for big bull move.✔😉 Expecting 55% move very soon, If it gives respect to this support. 📈👀 #Binance200M #BnbAth #TopCoinsJune2024 #ETHETFsApproved #FIT21 $FTM
Welcome, Trader. Welcome to our cryptocurrency community!
We are going to discussing #NTRNUSDT 💹
#NTRNUSDT 🔥🚀 --------------- Update:
#NTRN was moving down followed by the trend line on 10 Hr time frame 👉✅. After a successful breakout it enters in accumulation phase,Expecting a breakout soon✔😉 Successful bull turn from major support can lead up to 100% move very soon📈👀 #Binance200M #BnbAth #TopCoinsJune2024 #ETHETFsApproved #FIT21 $NTRN
Hey dear members hope you all are enjoying our ideas and analysis. Now we are here to discuss about TRU. TRU is exactly on the way as predicted. All targets hitted successfully This is again in good move. Breaking bullish pennant. We can see gain here upto 30%+ in this move.
Hey traders hope you are enjoying our analysis. Now we are here again with a new trading opportunity. We will discuss today about QNT QNT Daily Time frame ⏰
Welcome, Trader. Welcome to our cryptocurrency community!
We are going to discussing #FORTHUSDT 💹
#FORTHUSDT 🔥🚀 --------------- Update:
#FORTH formed a bullish falling wedge pattern over a 6 Hr time frame 👉✅. Breakout and retest confirmations are done successfully.✔😉 We are expecting a minimum of 25% move very soon📈👀
Welcome, Trader. Welcome to our cryptocurrency community!
We are going to discussing #BSWUSDT 💹
#BSWUSDT 🔥🚀 --------------- Update:
#BSW moving in ascending channel 6 Hr time frame 👉✅. Currently standing on the major support area, where a possible bull turn can be seen.✔😉 Successful turn can lead up to 25% move very soon📈👀 #Binance200M #BnbAth #TopCoinsJune2024 #ETHETFsApproved #FIT21 $BSW
Welcome, Trader. Welcome to our cryptocurrency community!
We are going to discussing #QTUMUSDT 💹
#QTUMUSDT 🔥🚀 --------------- Update:
#QTUM forming a descending channel pattern over a 6 Hr time frame 👉✅. It also grab the liquidity from this level. we can see a possible bull turn can be seen.✔😉 Successful turn can lead up to 43% move very soon📈👀 #Binance200M #BnbAth #TopCoinsJune2024 #ETHETFsApproved #FIT21 $QTUM
$BTC _Update(1D) $BTC Got A Sharp Rejection From 71500$- 72000$ Resistance Zone And Currently Trading Inside An Ascending Triange (Which Is A Bullish Pattern). Let’s See Whether It Breakout Or Breakdown From Here..
We have a bearish channel pattern on the 12-hour frame, within which the price moves and adheres to its limits well We have a green support area at 11.30 after the price touched it and bounced from it We have a tendency to stabilize above moving average 100 We have a downtrend on the RSI indicator that supports the price higher with a breakout
Entry price is 12.30 First goal 14.28 The second goal is 15.42 the third goal is 16.90
Welcome, Trader. Welcome to our cryptocurrency community!
We are going to discussing #ATOMUSDT 💹
#ATOMUSDT 🔥🚀 --------------- Update:
On the 4-hour chart, #ATOM formed a bullish peanut pattern 👉✅. Breakout and retest confirmation is already completed. ✔😉 We expect at least 15% 💰 very soon.
Hey traders hope you are enjoying our analysis. Now we are here again with a new trading opportunity. We will discuss today about DEXE DEXE 4H Time frame ⏰
The Bullish pennant pattern Breakout has Already Done ✅
Hey traders hope you are enjoying our analysis. Now we are here again with a new trading opportunity. We will discuss today about TNSR TNSE 4H Time frame ⏰
The Bullish pennant pattern Breakout has Already Done ✅
🔮As we can see in the chart of #ATOM that there is a formation symmetrical triangle pattern. Also there is a perfect breakout. Our target price is $9.260 which is 6% move from our current price📈📈
55th Launchpool Project Introduced on Binance Exchange Binance has transferred a new pre-sale program to its users. Accordingly, the 55th Launchpool project IO.NET (IO), a decentralized artificial intelligence and cloud computing platform, was introduced. Users can stake BNB and FDUSD to collect IO tokens before trading begins on June 11. Binance has come out with an exciting announcement announcing its 55th project on Binance Launchpool, a decentralized AI computing and cloud platform called IO.NET (IO). IO.NET (IO) is preparing to take important steps in the artificial intelligence and cloud computing sectors by offering an innovative platform and decentralized solutions that increase efficiency and accessibility. Binance will be the first platform to list the IO token starting on June 11. This launch not only marks an important milestone for IO.NET. It also highlights Binance's commitment to supporting groundbreaking projects in the cryptocurrency space. Launchpool details for Binance users have also been announced. They will have the opportunity to split their #BNB and #FDUSD into separate pools to collect IO tokens over a four-day period starting June 7. The website is expected to be updated within five hours of this announcement, providing detailed instructions and timelines for the start of mining operations. The initial supply of total IO.NET (IO) is set at 500,000,000 tokens. The maximum supply is capped at 800,000,000 coins. Of this, 95,000,000 IO tokens (19% of the initial total supply) will be in circulation initially. The total volume available for mining is 20,000,000 IO tokens, representing 4% of the initial total supply. Personal hourly mining limits are set at 17,708.33 IO for the #BNB mining pool and 3,125 IO for the #FDUSD mining pool. The distribution of tokens between pools is also stated, with the #BNB pool able to mine a total of 17,000,000 IO (85%) and the FDUSD pool 3,000,000 IO (15%).
Hey traders hope you are enjoying our analysis. Now we are here again with a new trading opportunity. We will discuss today about INJ INJ 12H Time frame ⏰
The Bearish pennant pattern Breakout has Already Done ✅