- A whale’s withdrawal of 353.83B SHIB ($6.6M) from Binance highlights substantial profit-taking, with a total profit of $6.12M.
- Shiba Inu’s RSI at 33.36 suggests an oversold condition, hinting at a potential price reversal despite a current bearish MACD.
- SHIB’s growing real-world utility is evident as it is accepted by businesses globally for various services, enhancing its credibility.
A smart whale recently withdrew 353.83 billion Shiba Inu (SHIB) tokens, valued at $6.6 million, from Binance. The whale currently holds 838.87 billion SHIB, worth $15.5 million. This significant move suggests substantial profit-taking, with the whale’s profit on SHIB totaling $6.12 million.
A smart whale withdrew 353.83B $SHIB($6.6M) from #Binance 45 minutes ago and currently holds 838.87B $SHIB($15.5M).The whale's profit on $SHIB is $6.12M.https://t.co/2knxKp4yEZ pic.twitter.com/05AQV2zqLw
— Lookonchain (@lookonchain) June 20, 2024
Shiba Inu’s price is currently $0.000019, showing a 1.09% increase in the last 24 hours. The 24-hour trading volume is $287,756,352, and the market cap stands at $11,068,224,708. The circulating supply of SHIB coins is 589,271,341,245,552.
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