According to watcher.guru report, a whale bought $210 million worth of shiba inu during this dip. What I don't understand is: how can someone or group of persons buy shiba inu with this huge amount and it didn't get to have any significant impact on the price of the token? Maybe this is an exaggeration or some kind of joke after all. #Cryptotrading #Cryptocurrency
4 comments
True, it's hard to tell. The cryptomarket is really slow to react lately.
The bear effect is enormous now.
assume it was bought OTC so wouldn’t directly affect the day to day trading it is 55-60% of daily volume, so would have sent the candles ballistic if done on exchanges
Huge amount indeed, that whale is hilarious if it's true haha