CandleFocus 415% Profit Triggers Epic Shiba Inu (SHIB) Trillionaire Awakening
2024-11-12
Author: Content Editor
An early investor in Shiba Inu (SHIB), known as "0xd6b," has reappeared after eight months of silence. The investor has offloaded 100 billion SHIB tokens, valued at $2.81 million, onto the Gemini crypto exchange. This move comes after the investor made significant gains from their SHIB holdings, amounting to a total profit of about $120 million and a 415% return. The reactivation of the investor's wallet aligns with SHIB's recent price surge, with the token climbing 61% since November. Despite facing a strong resistance level, SHIB has gained renewed interest and is now among the top 10 cryptocurrencies by market capitalization. However, large-scale profit-taking could trigger market responses and test the cryptocurrency's resilience.
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