Shiba Inu price plummets! Whales sell 250 billion SHIB, huge profits hidden behind market fluctuations!
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Recently, Shiba Inu (SHIB) prices are sluggish, and whale investors have sold a lot. A well-known investor sold 250 billion SHIB at one time, worth about $6.05 million, but this transaction is just part of his larger strategy since 2020. At that time, the investor bought SHIB for only $3,800 and realized a staggering gain of $1.22 billion at the peak of the market.
Despite selling a large amount of SHIB, the whale still holds about 2.15 trillion SHIB, worth about $52.18 million, and has made a profit of $109 million from the overall transaction.
What will happen to SHIB in the future?
Currently, the price of SHIB is down about 6%, and the technical analysis shows a possible big fluctuation in 2025. Analysis shows that if the 50% Fibonacci retracement level is broken, SHIB may usher in a key upward moment. Although the current price is falling, signs of market rebound show that there is still buying interest at low levels, and investors may be waiting for the next opportunity.
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