Whale moves 400 billion SHIB to Gemini, prompting selling and drop in price

From Investing.com

December 19, 2024 08:00 AM:

A whale moves 400 billion SHIB to Gemini, worth $10 million if sold. The whale initially purchased 15.2 trillion SHIB for just 10 ETH in 2020, now owning two trillion SHIB worth $48.54 million. Whales are selling SHIB as price drops 10%, recovering slightly by 2.64% with a 21% loss in 10 days. BTC also dropped 5% due to Fed Reserve’s statement.

Read more at Investing.com: Massive 400 Billion SHIB From Early Whale Stuns Major US Exchange By U.Today