ETH whales intervene amid a SHIB price pullback but are whales buying?
Ethereum Ang mga balyena ng ETH ay namagitan sa gitna ng pagbabalik ng presyo ng SHIB ngunit bumibili ba ang mga balyena? 15 minuto ang nakalipas Balita ng Ethereum ng Bitcoin Shiba inu has reportedly regained the top spot as the most traded token by the top Mga balyena ng ETH. We have seen SHIB secure the same spot multiple times since the start of January. However, this time it is different, and heres why. Basahin Shiba Inus price prediction 2023-2024 SHIB is currently going through a phase of increased sell pressure as is the case with many other top coins and tokens. But according to a recent WhaleStats alert, it managed to become the most traded token by the top ETH whales in the last 24 hours. Whale activity often underscores directional movement, so what does that mean for Shib? Perhaps a price analysis will provide a better understanding of what is currently going on with SHIB. Its bears managed to pull off a retracement by as much as 15% from its current monthly high to its press-time 24-hour low. Rather than more downside, we have seen some bullish relief in the last few hours. Pinagmulan: TradingView This bullish relief coincides with the whale activity observed by WhaleStats.