Whales Return to Accumulate, SHIB Price Surges, Hopes for New Growth Similar to 2021
Key Points:
Early Investors Return to Buy: An "ancient whale" purchased 149.3 billion $SHIB worth $3.83 million. An early investor who profited $145 million from $SHIB in 2021 also bought in. 🐋💰
Whales Continue Buying: 4,849 WETH (worth $18.5 million) was exchanged for 715.8 billion SHIB within 5 hours, increasing SHIB's price by 4.6%. 📈 Whales still hold $34.9 million in ETH/WETH, potentially for more SHIB purchases.
Hope for New Growth: The activity of early investors and whales indicates confidence in SHIB's potential, possibly leading to a price surge similar to 2021. 🌟🚀
Note: The cryptocurrency market is volatile, and there is no guarantee SHIB will replicate past success. Investors should conduct their own research and assess risks before investing. 🔍⚠️
Factors Influencing SHIB's Price:
Development of the Shiba Inu ecosystemAdoption levelsMarket sentiment
Conclusion: Positive signs for SHIB suggest potential price increase. However, caution and thorough research are essential before investing. 📊🔍