182 Billion SHIB Moved to Gemini, Last Time Similar Move Caused Shiba Inu 7% Drop: Details

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182 Billion SHIB Moved to Gemini, Last Time Similar Move Caused Shiba Inu 7% Drop: Details
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$SHIB whale shovels 182 ShibaInu, SHIB fell 7% last time he did similar transfer. lookonchain

made earlier today, which moved nearly 200 million meme tokens to sell on crypto exchanges.

The Twitter handle warns that there might be a slight chance of the price going down after this since this has already happened before.The recently published tweet of the aforementioned source shows that a total of 182 billion Shiba Inu was sent to Gemini and another major crypto trading platform recently. According to a screenshot from Etherscan shared by Lookonchain, this massive amount of meme crypto was wired in two transactions — 82.

The crypto tracker stated that the last time this whale moved similar large chunks of SHIB to exchanges, the price of the second most popular canine token fell by roughly 7%.

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