Early investor SHIB buys up

An address that accumulated SHIB back in 2021 and has already earned $127 million (+5,200%) from it decided today to re-purchase for $18.4 million.

It is worth noting that the coin has been in a stable flat phase for three months now. Even considering that it’s memcoin season, the asset’s price is not showing any significant impulses. This can also be justified by one simple factor: now there is a distribution between weak hands and large market players. As a rule, after such a long accumulation and zero activity, after a while the coin shoots well, apparently this whale expects to see such a scenario of events.

$SHIB #Shibalnu #binance