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Recently, the Crypto Assets market has staged a remarkable drama. Shiba Inu ( SHIB ), although its price hovers around $0.0000118, having fallen by seventy percent from last year's peak, the movements of a mysterious Wallet have sparked market interest.
According to blockchain data, an anonymous wallet has withdrawn two large amounts of SHIB from Coinbase, totaling approximately 139.15 billion coins, worth 1.64 million dollars. This action stands in stark contrast to the current market sentiment that generally looks down on SHIB, leading to speculation that there may be deeper considerations behind it.
If SHIB can rebound to the range of $0.000018 to $0.000020, the market value of this fund is expected to rise to between $2.5 million and $2.7 million. This potential huge profit suggests that some large funds may be preparing for a market rebound in the fourth quarter.
Despite SHIB's poor reputation among retail investors at present, this large-scale fund movement may indicate that market sentiment is about to change. For ordinary investors, this is undoubtedly a signal worth following, but at the same time, one must also be wary of the high-risk nature of the crypto assets market.
As the movements of this mysterious Wallet are exposed, the crypto assets community is closely following the subsequent trends of SHIB. This event once again proves that beneath the seemingly calm surface of the market, there are often significant capital flows, and these movements may have a profound impact on future market trends.