SHIB whale sells amid controversy surrounding WATER meme coin and singer Jason Derulo

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Shiba Inu’s (SHIB) price is down more than 6% on Friday following notable whale profit-taking activity and controversies surrounding the WATER meme coin and American singer Jason Derulo.

whales could be selling as the Dogecoin competitor has not seen sustained price growth in the past three months.

’s decline potentially caused whale sale stash from Binance between November and December at an average price of $10.07 million. Read more:Pepe poised for 20% crash If the whale wallet had sold during is trading close to the key price level of $0.0000018, where investors purchased about 417.43 trillion

could be dumping the token. The

Source: Entertainment Trends (entertainmenttrends.net)

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