Whale Mobility at DOGE and SHIB: Dumped, Taken!

Whale watching platforms have noticed an explosion in processes involving DOGE and SHIB since last week. The whales who initially sold 623 billion SHIB soon bought twice as much.

Anonymous whales have moved 2.7 billion DOGE

DogeWhaleAlert has detected massive processes containing 4 million DOGEs in a new weekly whale report. Whales only paid $9 for transfers containing a large amount of Dogecoin. It seems that Elon Musk’s move to buy Twitter is mobilizing big investors. Since last week, anonymous whales have moved a total of 2.7 billion DOGE.

Last week, Tesla CEO Elon Musk again offered a $44 billion deal to buy the Twitter giant. This news comes with the possibility that Musk will integrate Dogecoin into the platform. To recall, Musk gave up his attack shortly after initially saying he would buy the platform. He suggested that Twitter was sharing false information about how many of its users were bots. Subsequently, Twitter shareholders complained about Musk for speculating on TWTR. The documents uncovered within the scope of the lawsuit include messages containing Elon Musk’s plans to integrate Dogecoin into Twitter.

Elon Musk is a DOGE fan who raises the price with his tweets. This interest has resulted in a rally not only in Dogecoin, but also in Dogelon Mars (ELON) and Floki Inu (FLOKI). The Shiba Inu (SHIB) was the name that became permanent in the mid-20th as a result of this trend. Besides the loaded DOGE transfer, the whales also play big games on SHIB.

A whale first sold 623 SHIB, then bought twice as much

Shibaplay tweeted that an anonymous crypto investor has transferred a surprising 160 billion Shiba Inu. This process is equivalent to $1,742,400 on a fiat basis. Information from Etherscan shows that this wallet has sold approximately 623 billion SHIB in the last 20 days. But before that, the whale bought almost twice as much as SHIB.

According to Etherscan, the aforementioned wallet bought 1,000,000,000,000,000 Shiba Inu 21 days ago. The purchase took place on the Crypto.com exchange. After that, it split the Shiba of that size and started shipping it in segments, mostly carrying 150-160 billion Shiba. About four hours ago, the person transferred was carrying 160,000,000,000,000 and was sent to a Crypto.com wallet.

Thirty-eight days ago, one trillion SHIB was bought by this whale and then sold in the same form. One trillion SHIB is enough to make a healthy profit even with small fluctuations in SHIB price.

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