CandleFocus

Shiba Inu (SHIB) Whale Makes $109M Profit on SHIB, Amid Price Drop

A Shiba Inu investor has reportedly made a profit of $109 million by selling 250 billion SHIB tokens, turning their original $3,800 investment into $109 million. The investor's early SHIB investment grew to $1.22 billion during the token's all-time high. However, the price of Shiba Inu has recently declined to $0.0000241, causing concerns about its short-term performance. Despite the downturn, technical indicators suggest that SHIB may find support at $0.000024 and potentially stage a recovery.

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