“V For Crypto”, a widely followed analyst with over 236k Twitter followers, commented on the popular meme coin Shiba Inu (SHIB). The analyst shared that he does not think that the investor of SHIB, which has fallen over the past months, will lose. Meanwhile, a whale bought a loaded SHIB. As Kriptokoin.com, we convey all the details…
tweet from V For Crypto to meme coin SHIB
analyst V For Crypto, who has more than 236,000 followers on Twitter, pay attention to Shiba Inu pulled. In a recent tweet, the analyst stated that he “does not think the Shib investor will lose” and noted that there are big investors behind the project. He stated that many people are probably at a loss right now because the majority try to buy after SHIB has increased 10x. He stated that the number of investors who do not hold SHIB is low and they are trying to enter from the appropriate place.
SHIB at $0.00002355, down 1.8 percent at time of writing is changing hands. The cryptocurrency, which is in the fifteenth place with its market value, last saw the all-time high (ATH) of $ 0.00008616 on October 28, 2021. Since then, it has fallen by over 72.4 percent.
A whale bought massive SHIB
Meanwhile, an Ethereum (ETH) whale invested $11.9 million to purchase 442.6 billion SHIB tokens in a single transaction. He then moved the fund to a larger wallet. The transaction was first spotted by Ethereum whale-watching service WhaleStats, which states that the whale has received a Shiba Inu for the first time. However, transactions on the Blockchain show that the funds were then moved to a wallet with over $100 million in assets.
This wallet currently holds $47M worth of SHIB cryptocurrency and making SHIB the largest investment in the chain. After SHIB comes MANA of Decentraland. Whale owns $21 million in this token. This is followed by Phantom (FTM), The Sandbox’s SAND, and then Ethereum.
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