Shiba Inu Whale: Transfers 1.07 Trillion SHIB
The largest early Shiba Inu holder who acquired 103 trillion SHIB for 37.8 ETH in 2020 moved 1.07 trillion SHIB worth $4.94 million today according to @EmberCN.
SourceAnalysis
Shiba Inu early whale who spent 37.8 ETH ($13.7K) on 103 trillion SHIB in 2020 transferred 1.07 trillion SHIB ($4.94 million) out of the address today.
The address sold 11.73 trillion SHIB at an average $0.0000064 for $74.74 million total across 2021 and 2026 while retaining 91.6 trillion SHIB now valued at $418 million.
Price action on the 4h chart shows a bearish trend with price trading inside the Bollinger Bands between upper resistance at $0.0 and lower support at $0.0; the EMA50 and EMA200 both sit at $0.0 while RSI(14) at 34.45 remains neutral and MACD registers a bearish death cross at -0.0, pointing to continued downside pressure until a decisive break of the lower band occurs.
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@EmberCNAnalyst about On-chain Analysis