Shiba Inu Surges 9.5% as Whale Makes Big Splash Back Into SHIB

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Shiba Inu (SHIB), one of the most popular memecoins in the cryptocurrency industry, has seen significant gains recently. Riding the memecoin craze, SHIB is climbing again, currently trading at $0.00002616—a 9.53% increase in the last 24 hours—much to the delight of its investors.

Here’s all you need to know to make your next moves.

According to LookonChain, a major blockchain analytics platform, a crypto whale who previously made huge profits from Shiba Inu (SHIB) is accumulating SHIB again. This smart trader initially invested around $400,000 to buy 5.5 trillion SHIB tokens early in SHIB’s history.

During two market peaks, he sold these holdings for about $121 million, securing an impressive profit of more than $120 million.

A $SHIB super big winner is buying $SHIB crazily, spending 4,849 $ETH($18.44M) to buy 715.9B $SHIB in the past 6 hours.

This guy spent only ~$400K to buy 5.5T $SHIB in the early stage and sold for ~$121M at 2 peaks.

He made more than $120M on $SHIB before, an amazing gain!