2.8 Trillion SHIB Sold by Whale After Holding It for 2 Months, Here's What Triggered Sale

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2.8 Trillion SHIB Sold by Whale After Holding It for 2 Months, Here's What Triggered Sale
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2.8 trillion $SHIB dumped by this whale instantly; are whales quitting SHIB? shibarmy shibainu

SHIB's bearish market performance

Over the past three days, Shiba Inu has been dropping heavily, losing 9.40%. By now, it price has added another zero, trading at $0.00000972 after falling from the $0.00001072 level on Oct. 10.According to Bloomberg analyst and podcaster Joe Weisenthal, thisThe top 100 whales on Ethereum at the moment are holding $122,746,421 in Shiba Inu equivalent, which comprises 4.97% of their portfolios, per data provided by WhaleStats.

On Wednesday, this sum was a little bigger — $126,805,312. Therefore, by now the whales have dumped another $4 million worth of this meme token, which is 411,522,633,744 coins.

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