SHIB: Whales move tokens to erase traces (2024.03.08)

[JoyMarsha]

But with Whale's long-term accumulation, case 1 is more likely. At the same time, if whales wanted to take profits, they could have done so sooner given the recent sharp increase in SHIB price. However, the fact that they have not yet sold may indicate expectations of further price increases.

I personally still believe that when the memecoins trend returns, SHIB will still be one of the tokens that receive attention and cash flow from investors.

Whales also know that investors are monitoring onchain data so they want to hide their tracks and plans. I see they continue to accumulate and there is no force to sell SHIB, so I still believe that this memecoin will continue to grow in the future. We are just starting to enter the altcoin season, there is no reason for whales to sell off and lose their beautiful positions with SHIB buying prices at extremely low prices in 2023.

Memecoin seems fun, but it turns out it's also a good target for whales to earn huge profits!

They think that they can really hide their steps but in reality it can be traceable. They know that the alt season is yet to come that's why they keep accumulating Shib and those new investors who really don't know what they're doing will suffer loses. Alt season is what we are waiting for, because most of us have investments in alts than Bitcoin, so when it's happened we will take huge profits.

As we are waiting for the altcoin season, I have the price to sell each of my altcoins at heart. The moment their price gets as high as I want, I am selling immediately. I don't want to lose from my altcoin investment or let greed blind me from forgetting to have a good selling price for all the altcoin and Bitcoin I have accumulated so far.

The worst that can happen to an investor is for the whales to first dump their coins before they think of selling their coins. Imagine whales that have accumulated huge amounts of memecoins dump it in the market. The effect it will have on the price of the coin will not be a little one.

[Mr. Magkaisa]

But with Whale's long-term accumulation, case 1 is more likely. At the same time, if whales wanted to take profits, they could have done so sooner given the recent sharp increase in SHIB price. However, the fact that they have not yet sold may indicate expectations of further price increases.

I personally still believe that when the memecoins trend returns, SHIB will still be one of the tokens that receive attention and cash flow from investors.

Whales also know that investors are monitoring onchain data so they want to hide their tracks and plans. I see they continue to accumulate and there is no force to sell SHIB, so I still believe that this memecoin will continue to grow in the future. We are just starting to enter the altcoin season, there is no reason for whales to sell off and lose their beautiful positions with SHIB buying prices at extremely low prices in 2023.

Memecoin seems fun, but it turns out it's also a good target for whales to earn huge profits!

They think that they can really hide their steps but in reality it can be traceable. They know that the alt season is yet to come that's why they keep accumulating Shib and those new investors who really don't know what they're doing will suffer loses. Alt season is what we are waiting for, because most of us have investments in alts than Bitcoin, so when it's happened we will take huge profits.

As we are waiting for the altcoin season, I have the price to sell each of my altcoins at heart. The moment their price gets as high as I want, I am selling immediately. I don't want to lose from my altcoin investment or let greed blind me from forgetting to have a good selling price for all the altcoin and Bitcoin I have accumulated so far.

The worst that can happen to an investor is for the whales to first dump their coins before they think of selling their coins. Imagine whales that have accumulated huge amounts of memecoins dump it in the market. The effect it will have on the price of the coin will not be a little one.

          -      That's why it's really important to our holders that we have a target selling price for every crypto asset we hold so that we don't get caught up in greed.
Once the price is reached or touched, the price will exit immediately.

Because if there is no price target, it might just end up with small earnings instead of the big profit that we got, and it will come out in the end as if our waiting was wasted, so we must value our plan and goal as holders.

[MrSpasybo]

As we are waiting for the altcoin season, I have the price to sell each of my altcoins at heart. The moment their price gets as high as I want, I am selling immediately. I don't want to lose from my altcoin investment or let greed blind me from forgetting to have a good selling price for all the altcoin and Bitcoin I have accumulated so far.

The worst that can happen to an investor is for the whales to first dump their coins before they think of selling their coins. Imagine whales that have accumulated huge amounts of memecoins dump it in the market. The effect it will have on the price of the coin will not be a little one.

Your decision to sell your tokens could be a decisive and wise one. When BTC dropped from $74K to $49K, many ALTs divided by 3 to 5 times, or even created deeper new lows, causing investors to suffer quite significant temporary losses. I believe that if given the chance, they would want to sell their tokens at a high price point as soon as the trendline was broken and have more stablecoins to buy back more tokens now.

This also highlights the difference between a trader and a holder. A trader can take advantage of every price fluctuation opportunity in the market and manage their account better. A holder usually doesn't care about the temporary fluctuations of his account, he just want to sell tokens at their target price and at a predetermined time in the future. Personally, I think you are a very experienced and disciplined trader in the crypto market.

[Mr. Magkaisa]

        -      Recently I've been reading articles with whale investors who believe in the potential of Shiba in this bull run that we're facing right now. I'm also saving it little by little because I also believe in the meme coin that this is true.

I am accumulating it for the long term, to be honest. Then there are actually many whale investors who are buying here in Shiba Inu, and others also have other predictions as to what is possible for Shiba to reach this bull season once the price of Bitcoin starts to rally in the market.

[Stompix]

Quite interesting, despite outperforming Doge in the last 6 months Shiba is losing ground slowly, from a difference of nearly 2x it's just a thing of 1/6 and far more interesting is that the distance between them per marketcap has kept being constant although the price decreases from a 26-21 billion to a 15 to 8 billion, but of course this can also be attributed to the thing that Doge is printing 45 million worth of coins a month.

well, we have some sort of rally happening so let's see where this goes!

[pieppiep]

        -      Recently I've been reading articles with whale investors who believe in the potential of Shiba in this bull run that we're facing right now. I'm also saving it little by little because I also believe in the meme coin that this is true.

I am accumulating it for the long term, to be honest. Then there are actually many whale investors who are buying here in Shiba Inu, and others also have other predictions as to what is possible for Shiba to reach this bull season once the price of Bitcoin starts to rally in the market.

When large investors show interest well, especially in bundles such as Shiba Inu, there is undoubtedly this trend that can bring a massive increase during the bull market. One would also like to watch how the market responds to such an outcome, as the BTC rally can affect the movement of alts, such as Shiba. Amassing this coin in the long-term steadily may also prove to be a wise choice provided that support and buying volume persistently rise. However, it is always advisable to take time and check all factors while recommending them and keep an eye on the market movements.