A 4-year-old $SHIB whale known as "0x3de" dumped $5.39 million worth of tokens, selling 216 billion $SHIB for 1,587 $ETH. The whale had previously bought 664.22 billion $SHIB in February 2021 for $4,510, realizing profits of over $15 million. The sell-off is believed to be influenced by the launch of President Donald Trump's tokens, causing turmoil in the memecoin market. Another whale, with the address '0x3cf', sold 2.16 billion $NEIRO tokens worth $1.16 million. The activities of these whales highlight the importance of timing and strategy in the crypto market. The cases demonstrate the potential for huge profits for early investors, but also the high risks involved. The actions of these whales are dominating the crypto markets and reflecting the prospects and risks of meme coins.



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