Shibu Inu could be in trouble amid massive transfers witnessed from SHIB wales just after Voyager also made reports of some Sell-offs of the meme coin.
Kaina Šiba Inu could take a significant blow if there is a considerable drop in demand for the stock in the near term or the medium term amid these developments.
Transaction alert: Whale moves 183 billion SHIB
A “smart money” investor reportedly carried out a sizable Shiba Inu transaction a few hours before the press time, as reported by an on-chain data source called Lookonchain. The whale recently transferred 182 billion SHIB to the cryptocurrency exchanges Crypto.com and Gemini, which is equal to around $2.3 million.
Source: https://crypto.news/shiba-inu-facing-massive-sell-offs/