Shiba Inu An investor who made huge profits during the (SHIB) bull run made an unexpected move and swapped his SHIBs with Artificial Superintelligence Alliance (FET). The strategic move came after the investor’s loss in SHIB and is being closely followed by the market. The whale’s move seems to determine the future of trust in SHIB.
Big Profit from Shiba Inu in 2021
The cryptocurrency market is an arena full of sudden movements. An investor who made huge profits from the meme coin Shiba Inu (SHIB) bull run in late 2021 recently made a remarkable change of strategy. According to on-chain data provider Spot On Chain, this investor transferred most of his SHIB to the Artificial Superintelligence Alliance (FET) replaced it with . A Prize Pool Worth 21 Million TL Awaits You from BinanceTR! Participating and winning has never been easier.. You can sign up to BinanceTR from this link. Get your first crypto!
This investor made a profit of $145 million with his trades with SHIB from February 2021 to June 2022. However, after the big profit, he suffered a loss of $11.51 million with his second big SHIB trade. After this loss, the investor decided to make a strategic switch from SHIB to FET. The move made during this period when FET was on the rise resonated in the cryptocurrency market.
Has the Investor Completely Abandoned SHIB?
It is still unclear whether the investor has completely given up on the meme coin SHIB. It is reported that he currently holds 713 billion SHIB, which is worth $10 million. The holding of this amount suggests that the investor still has confidence in SHIB or is acting according to a long-term plan. Perhaps he is waiting for the market to revive.
Whale’s transition from SHIB to cryptocurrency FET, crypto money It is considered a closely watched movement in the market. Investors future steps can be an important guide for both the SHIB community and the overall crypto market.
It seems that whether the trust in SHIB will continue or not will become clear with the steps that the investor will take. Will the whale determine the future in the crypto world or did he take a risk? The market is now eagerly waiting for the answer to this question.
Disclaimer: The information contained in this article does not contain investment advice. Investors should be aware that cryptocurrencies carry high volatility and therefore risk, and should carry out their transactions in line with their own research.
