Shiba

2024

Shiba Inu

Reversal

Coin

<ul class="news-points">
 <li><strong>A whale’s withdrawal of 353.83B SHIB ($6.6M) from Binance highlights substantial profit-taking, with a total profit of $6.12M.</strong></li>
 <li><strong>Shiba Inu’s RSI at 33.36 suggests an oversold condition, hinting at a potential price reversal despite a current bearish MACD.</strong></li>
 <li><strong>SHIB’s growing real-world utility is evident as it is accepted by businesses globally for various services, enhancing its credibility.</strong></li>
</ul>
<p>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 $6.12 million.</p>
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   <p lang="en" dir="ltr">A smart whale withdrew 353.83B <a href="https://twitter.com/search?q=%24SHIB&amp;src=ctag&amp;ref_src=twsrc%5Etfw" target="_blank" rel="noopener noreferrer nofollow">$SHIB</a>($6.6M) from <a href="https://twitter.com/hashtag/Binance?src=hash&amp;ref_src=twsrc%5Etfw" target="_blank" rel="noopener noreferrer nofollow">#Binance</a> 45 minutes ago and currently holds 838.87B <a href="https://twitter.com/search?q=%24SHIB&amp;src=ctag&amp;ref_src=twsrc%5Etfw" target="_blank" rel="noopener noreferrer nofollow">$SHIB</a>($15.5M).<br><br>The whale's profit on <a href="https://twitter.com/search?q=%24SHIB&amp;src=ctag&amp;ref_src=twsrc%5Etfw" target="_blank" rel="noopener noreferrer nofollow">$SHIB</a> is $6.12M.<a href="https://t.co/2knxKp4yEZ" target="_blank" rel="noopener noreferrer nofollow">https://t.co/2knxKp4yEZ</a> <a href="https://t.co/05AQV2zqLw" target="_blank" rel="noopener noreferrer nofollow">pic.twitter.com/05AQV2zqLw</a></p>— Lookonchain (@lookonchain) <a href="https://twitter.com/lookonchain/status/1803734186504688014?ref_src=twsrc%5Etfw" target="_blank" rel="noopener noreferrer nofollow">June 20, 2024</a>
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<p>Shiba Inu’s price is <a href="https://coinmarketcap.com/currencies/shiba-inu/" target="_blank" rel="noopener noreferrer nofollow">currently</a> $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.</p>
<p>Th…</p>
<p>The post <a href="https://coinedition.com/shib-whale-withdraws-6-6m-from-binance-amid-signs-of-potential-reversal/" rel="noopener noreferrer nofollow">SHIB Whale Withdraws $6.6M from Binance Amid Signs of Potential Reversal</a> appeared first on <a href="https://coinedition.com" rel="noopener noreferrer nofollow">Coin Edition</a>.</p>

SHIB Whale Withdraws $6.6M from Binance Amid Signs of Potential Reversal

Coin Edition

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