According to WhaleStats and TradingView, an anonymous Shiba Inu cryptokit made a large purchase worth about $ 1 million. This happened at the moment the meme-coin hit a local bottom.
According to the tracking service WhaleStats, the transaction was made on March 5 at 5:00 am UTC. The recipient address now contains various tokens worth $109.2 million, including Shiba Inu, USDT, SAND, and MANA.
According to TradingView, Shiba Inu entered the local bottom at $0.000023 and also reached the 200-day moving average line, which acted as a support zone.
Earlier, SHIB rebounded from it to $0.000028, rising along with the general growth of the crypto market. Unfortunately, the large purchase made by the whale failed to push the coin up. It is currently ranked 15th by CoinGecko with a market capitalization of $13.2 billion.
On the evening of March 6, the token was trading at $0.00002398 with a daily loss of almost 4% of the value. Market sentiment remains moderately bearish or neutral.
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